FTSE Russell said in October it would include India’s sovereign bonds in its Emerging Markets Government Bond Index from September 2025. JP Morgan and Bloomberg Index Services have also announced the inclusion of the country’s bonds in their indices, a move that will result in a flood of money into these securities.
RBI eases restrictions on cash credit accounts, eases current account norms
The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans.