RBI Announce India’s Monetary Policy 2007-2008.
April 25, 2007India saw a surge in net capital inflows of 27.3 Billion USD in nine months of 2006-2007 from 13.4 Billion USD in the same period a year ago. Some of the main features of the policy.
1.Listed Indian companies limit for portfolio investment abroad in listed overseas companies enchanced to 35% of net worth.
2.Overseas investment limit [...]
