Reserve bank of India (RBI)
RBI/2016-17/316 – A. P. (DIR Series) Circular No.47 – Issuance of Rupee denominated bonds overseas.RBI has laid down framework for issuance of Rupee denominated bonds overseas (Masala Bonds). With a view to harmonize various elements of the ECB framework, it has been decided that any proposal of borrowing by eligible Indian entities by issuance of
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