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Issue of Rupee Denominated Bonds overseas

RBI - DBR.BP.BC.No.28 /21.06.001/2016-17 - Dated:- 3-11-2016 - RBI/2016-17/108 DBR.BP.BC.No.28 /21.06.001/2016-17 November 03, 2016 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Please refer to A.P. (DIR Series) Circular No.14 dated November 03, 2016 on by Indian banks. 2. We advise that banks are permitted to raise funds through issuance of rupee denominated bonds overseas for the following purposes: Perpetual Debt Instruments (PDI) qualifying for inclusion as Additi .....

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