December 27, 2016 / 3:22 PM / 7 months ago

BRIEF-India cenbank: foreign investors can transact in non-convertible debt

1 Min Read

Dec 27 (Reuters) -

* India cenbank says foreign portfolio investors can now transact in non-convertible debt by Indian companies

* India cenbank: such investments can be done either directly or in any manner as per approved market practices

* India cenbank: action intended to provide flexibility in investments into non-convertible debt by Indian companies Source text for Eikon: bit.ly/2i3qgdm (Reporting by Rafael Nam)

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