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India: Relaxation of rules on foreign investment in corporate and government debt

Description

In early 2013, the Indian central bank liberalised foreign access to the Indian sovereign and corporate bond market. On 24 January 2013, the Reserve Bank of India relaxed rules for Foreign Instituti...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

24 Jan 2013

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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