RBI issues restrictive bond rules

The Reserve Bank of India issued long-awaited guidelines on the issuance of onshore senior bonds by Indian lenders last week, but it insisted on tight caps on cross-holdings that bankers said were restrictive and confusing.... more

APAC Financial Markets • #Confusing, #Guidelines, #IndianLenders, #OnshoreSeniorBonds, #RBI, #Regulation, #ReserveBankOfIndia, #Restrictive, #Rules #RegulatoryIssues