Table 4.8
Current Portfolio Restrictions: GIC1
(per cent)
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Investments in:
(a) Central Government securities,
being not less than 20
(b) State Government Securities and
other government guaranteed
securities, including (a) above,
being not less than 30
(c) Housing (loans to HUDCO and to state
governments for housing and fire
fighting equipment), not less than 15
(d) Market sector (subject to prudential
and any other guidelines, and
provisions of the Insurance Act),
not more than 55
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1 Effective from April 1, 1995
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From the database of Ministry of Finance disseminated on Internet through NICNET