The Reserve Bank of India (RBI) has limited retail investors' investment in primary issuances of non-convertible debentures and commercial papers to a quarter of the total issuance to minimise investors' losses in case of default on short-term financial instruments.
Retail investors' investment in NCDs, commercial papers limited to 25% of issue: RBI
livemint.com - 5 Jan 2024 15:01
The Reserve Bank of India (RBI) has limited retail investors' investment in primary issuances of non-convertible debentures and commercial papers to a quarter of the total issuance to minimise investors' losses in case of default on short-term financial instruments.
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