P&M: RBI draft Masala bond guidelines disappoint market

The Reserve Bank of India has issued a much-awaited framework for Indian companies to sell rupee-linked bonds offshore, but, being restrictive, the guidelines failed to cheer the market.... more

APAC Financial Markets • #Guidelines, #India, #MasalaBonds, #Offshore, #RBI, #ReserveBankOfIndia, #Restrictive, #RupeeLinkedBonds #MarketNews, #RegulatoryIssues

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