NIIF will function like SWF, to be operational by December: Sinha
The proposed Rs 20,000-crore National Investment and Infrastructure Fund will function as a sovereign wealth fund like Singapore's Temasek and operate at "arm's length" from the government, Minister of State for Finance Jayant Sinha said on Friday.
Jul 31, 2015, 20:51 PM ISTFPIs can invest in govt bonds of 1year tenure under $5-bn limit
Market regulator Sebi today said long -term FPIs such as sovereign wealth and foreign central bank can invest in government bonds having a minimum residual maturity of one year within USD 5 billion category.
Oct 09, 2014, 20:15 PM ISTNew measures on anvil to attract sovereign wealth funds
Looking to attract larger inflows from sovereign wealth funds and foreign pension funds, central government and financial sector regulators have renewed their efforts to make Indian markets, especially government bonds, much more appealing to such investors.
Jun 25, 2014, 21:11 PM IST