AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Bank Negara to invest in Indian bonds.
Byline: Rupa Damodaran
BANK Negara Malaysia (BNM) has registered as a foreign institutional investor (FII) in India, enabling it to invest in the country's debts and bonds.
The move makes it the first central bank to choose to buy rupee-denominated debt issued by the Indian government and top Indian companies.
According to Mumbai-based mydigitalfc.com report, this could be a first for any central bank to invest in India utilising the FII route as others have invested in the republic through the Reserve Bank of India.
It described the move as significant because India does not allow full capital account convertibility.
"A move by a …
-
- Bank Negara's success as employer merits closer study ..BY: By Tan Siok Choo...
-
News wire article from: Asia Africa Intelligence Wire
May 9, 2004
700+ words
-
- BANK NEGARA TO TABLE NEW CENTRAL BANK ACT IN PARLIAMENT - DR ZETI.
-
News wire article from: BERNAMA The Malaysian National News Agency
February 8, 2009
700+ words
-
- BANK NEGARA MALAYSIA, PAKISTAN CENTRAL BANK SIGN MOU.
-
News wire article from: Asia Africa Intelligence Wire
November 25, 2003
700+ words
-
- Southern Bank fined RM2.6m by Bank Negara (HL).
-
Magazine article from: Business Times (Malaysia)
June 3, 2006
700+ words
-
- India: Bank Negara Malaysia: Independent within Govt, not of Govt.
-
News wire article from: Business Line
June 27, 2000
700+ words
