Eternal, formerly Zomato, may see passive outflows of $840 million as FTSE and MSCI reduce its index weightage due to a Foreign Ownership Limit cut, impacting global investor exposure.
Under the proposed framework, distributors could be rewarded for the quality of sales and servicing, while commissions could be clawed back in cases of mis-selling.
RBI Deputy Governor Rohit Jain stated that safety is the highest priority when managing foreign exchange reserves. Liquidity and return are also important, but must
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