From tax waivers to free hedges, RBI & govt join hands to boost Rupee

 Government and RBI have launched new measures to attract foreign investment in bonds and bank deposits. These initiatives aim to boost inflows by easing regulations and offering currency protection. The rupee strengthened significantly following the announcements, with potential for substantial retail deposit growth. Tax exemptions for foreign investors on government securities are also in place. Government and RBI have launched new measures to attract foreign investment in bonds and bank deposits. These initiatives aim to boost inflows by easing regulations and offering currency protection. The rupee strengthened significantly following the announcements, with potential for substantial retail deposit growth. Tax exemptions for foreign investors on government securities are also in place.