'Do not open debt mart for FIIs beyond $5b'

'Do not open debt mart for FIIs beyond $5b'

 
“It (the government) should not further expand the debt market to FIIs beyond $5 bn to support its huge borrowing plan ... (as) it could be counterproductive since the present market conditions are not conducive to opening up of FIIs further to domestic debt markets,” the chamber said.

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