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RBI allows Vostro-based NRI corp debt buys
Orissa POST
|October 04, 2025
Earlier, such entities were only permitted to invest their rupee surplus balance in accounts in central government securities, including treasury bills
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The Reserve Bank Friday allowed persons residing outside the country to invest in corporate debt securities through Special Rupee Vostro Accounts.
Earlier, such entities were only permitted to invest their rupee surplus balance in accounts in central government securities, including treasury bills.
"It has now been decided to also permit investment of these balances in nonconvertible debentures/bonds and commercial papers issued by an Indian company," the RBI said.
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