Specified securities for investment by Trust-Minimum AA rating required for few instruments

Specified securities for investment by Trust-Minimum AA rating required for listed debt securities, banks Basel III Tier-I bonds & infrastructure debt instruments

MINISTRY OF FINANCE
(Department of Economic Affairs)

NOTIFICATION

New Delhi, the 9th July, 2018

S.O. 3364(E).—In exercise of the powers conferred by section 20 of the Indian Trusts Act, 1882 (2 of 1882), the Central Government hereby makes the following amendment in the notification of the Ministry of Finance (Department of Economic Affairs), dated the 21st April, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii), vide S.O 1267(E) dated the 21st April, 2017, namely:—

In the said notification, in the first proviso, for the words and letter “minimum AA rating”, the words and letter “minimum A rating” shall be substituted.

[F. No. 6/5/CM/2002-Vol.V]
Dr. SHASHANK SAKSENA, Adviser (FSRL)