Reserve Bank of India Would Prefer to Not Manage a Possible Sovereign Wealth Fund

Posted on 01/10/2021


As India’s foreign reserves continue growing, there are calls for a potential national sovereign wealth fund. Officials at the Reserve Bank of India (RBI) informed the Parliamentary Standing Committee on Finance at a recent meeting that the central bank would prefer a dedicated and independent entity be set up an act of Parliament to manage […]

Get News Stories Delivered to Your Inbox