 "RBI")
The Reserve Bank of India (RBI) said on Wednesday it has extended the dispensation of an enhanced limit of the held-to-maturity (HTM) portfolio for government bonds till March 31 next year, enabling banks to better manage their investment portfolios.
It permitted banks to include securities purchased between September 1, 2020 and March 31, 2024 in the increased limit for HTM portfolios.
The central bank made the announcement in its statement on development and regulatory policies accompanying its monetary policy statement.
“The HTM limits would be restored from 23 per cent to 19.5 per cent in a phased manner starting from
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