RBI provides operational flexibility for reporting of transactions undertaken by FPIs in G-secs

Based on the feedback received, the RBI has decided to provide operational flexibility for reporting of such transactions undertaken by the Foreign Portfolio Investors (FPIs) in Government securities. As a result, FPIs/custodian banks need to report their transactions to the NDS-OM platform within three hours after the close of trading hours for the Government securities market.Based on the feedback received, the RBI has decided to provide operational flexibility for reporting of such transactions undertaken by the Foreign Portfolio Investors (FPIs) in Government securities. As a result, FPIs/custodian banks need to report their transactions to the NDS-OM platform within three hours after the close of trading hours for the Government securities market.taxmann.com Latest Statutory HappeningsRead More

Leave a Reply