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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?


To: Chinacat who wrote (3870)3/8/1999 1:46:00 PM
From: Nandu  Read Replies (2) | Respond to of 12475
 
<< Has anybody looked at the RBIs ? >>

Well, yeah. I got mine. And they are RIBs, not RBIs.

The subscription for RIBs was last August. I am pretty sure you won't get the same returns if you buy them now in the open market, especially after the recent reduction in rupee interest rates.

BTW, anybody knows what became of that lawsuit by a non-NRI in new York complaining about the discriminatory nature of RIBs?