The inclusion of Indian bonds in JPMorgan’s widely tracked emerging market debt index could bring $23 billion worth inflows into the country, Finance Minister Nirmala Sitharaman said on Thursday.
The inclusion of Indian bonds in JPMorgan’s widely tracked emerging market debt index could bring $23 billion worth inflows into the country, Finance Minister Nirmala Sitharaman said on Thursday.
“It shows a prospect for $23 billion to come to India. That is the kind of impact that inclusion into the JPMorgan bond index means,” the minister said.
(More details awaited)
Source:financialexpress.com