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Dec 10, 2016
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FPIs welcome RBI's move to hold repo rate
There is one bunch of investors who may be happy that the Reserve Bank of India (RBI) did not reduce interest rates: the foreign portfolio investors (FPIs) in fixed income securities. Overseas investors look at the RBI's policy decision positively as they continue to earn a good mark-up over returns in their home markets for funds.
Source -
http://economictimes.indiatimes.com
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