Recent news about an increase in Indian corporates and state entities issuingĀ dollar bondsĀ is welcome news, especially since it clearly shows investor appetite for lending to credible Indian business models. However, relatively easy liquidity and high investor appetite for lending in the international markets must be tempered by the fact thatRead More →

The Reserve Bank of India Thursday said reinsurance brokers have been permitted to open non-interest bearing foreign currency accounts with banks for undertaking transactions. Earlier, the Insurance Regulatory and Development Authority of India (IRDAI) had issued a notification in this regard. Following the Irdai’s notification, the extant regulations regarding theRead More →