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Issuance of Rupee denominated bonds overseas – Multilateral and Regional Financial Institutions as Investors

FEMA - 31 - Dated:- 16-2-2017 - RBI/2016-17/233 A. P. (DIR Series) Circular No.31 February 16, 2017 To All Authorised Dealer Category - I Banks Madam/Sir Issuance of Rupee denominated bonds overseas - Multilateral and Regional Financial Institutions .....

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ommercial Borrowings, Trade Credit, Borrowing and Lending in Foreign Currency by Authorised Dealers and Persons other than Authorised Dealers as amended from time to time about the criteria of recognized investors in the Rupee denominated bonds issue .....

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these Rupee denominated bonds. 3. All other provisions of the aforesaid circular dated April 13, 2016 and applicable provisions of A. P. (DIR Series) Circular No. 29 dated September 29, 2015 remain unchanged. AD Category - I banks may bring the conte .....

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