Question
Consider the following statements regarding recent RBI reforms on Foreign Portfolio Investors (FPIs) in corporate debt securities: 1. The Reserve Bank of India (RB
- I has removed the short-term investment limit for FPIs in corporate debt. 2. Earlier, FPIs were restricted to investing not more than 25% of any corporate debt issue. 3. The recent reform is aimed at deepening the corporate bond market and attracting more stable foreign investment. Which of the above statements is/are correct?
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