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Capital account convertibility News

18 May 2015

Capital account convertibility inescapable: RBI

Pitching for full capital account convertibility, the Reserve Bank has said that with Indian economy becoming global it would be hard to maintain capital controls for a long period of time.

capital account convertibility

15 Apr 2015

'Full capital a/c convertibility will make India leading economy'

India needs to take many policy measures over a period of time, including moving towards full capital account convertibility, to become a leading global economy, Minister of State for Finance Jayant Sinha has said.

10 Apr 2015

Full rupee convertibility in a few years: Raghuram Rajan

Reserve Bank Governor Raghuram Rajan on Friday said the central bank is looking at allowing full capital account convertibility in a few years.

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