November 16, 2017 / 1:38 PM / 2 months ago

BRIEF-RBI to permit FPIs to settle OTC secondary market transactions in govt securities on T+1 or T+2 basis‍​

Nov 16 (Reuters) - Reserve Bank of India:

* To permit FPIs to settle OTC secondary market transactions in government securities either on T+1 or on T+2 basis‍​

* It may be ensured that all trades are reported on the trade date itself‍​ Source text: bit.ly/2zGj3JA

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