South Korea Pension Seeks India Bond Licence
South Koreas state-run pension fund is seeking a licence to invest in Indian government securities. The move uses a compliance-light route offered by the market regulator to attract stable foreign capital.
South Korea's state-run pension fund is seeking a licence to invest in India's government securities under a compliance-light route, two people with direct knowledge of the matter said Monday morning. The move comes as New Delhi attempts to draw more foreign capital into government debt through easier registration. Overseas investors have poured $14B into Indian government bonds over the past year.
