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RBI Revises Norms for 'When issued' Security - (11 Dec 2015)

Reserve Bank of India (RBI) in order to encourage trading in ‘When Issued’ transactions in government securities, has allowed banks to take short positions in this segment of trading, while mutual funds, insurance and pension funds, NBFCs and others are permitted to take long positions.

Tags : RESERVE BANK OF INDIA   ‘WHEN ISSUED’ TRANSACTIONS  

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