FM Nirmala Sitharaman Answers Raamdeo Agrawal's Query On FII Investments, Says... (opens in new tab)

Responding to concerns raised by Motilal Oswal Financial Services chairman Raamdeo Agrawal over the rising size of foreign investor holdings in Indian equities relative to the country's foreign exchange reserves, Sitharaman said the government and the Reserve Bank of India had analysed the issue and recently announced measures aimed at attracting foreign capital through the bond market\. She said that the government views the bond market as a potential avenue for drawing overseas capital into...