#offshore-settlement
RBI not in favour of offshore settlement for government bonds, sources say
RBI wants overseas investors to participate directly on the domestic Negotiated Dealing System-Order Matching (NDS-OM) platform, an electronic system for secondary market trading in government bonds, say sources
RBI not in favour of offshore settlement for sovereign bonds: Report
India's central bank, the RBI, is opting against direct settlement of government securities via offshore platforms like Euroclear. Instead, it prefers overseas investors to trade directly on the domestic NDS-OM platform. This move aims to consolidate liquidit…