Answer Posted / chandrasekhar hota
Global Depository Receipt means any instrument in the form
of a depository receipt or certificate created by the
overseas depository bank outside India and issued to non-
resident investors against the issue of ordinary shares or
Foreign Currency Convertible Bonds of issuing company.
Among the Indian Companies, Reliance Industries Ltd. was
the first company to raise funds through a GDR issue.
Is This Answer Correct ? | 214 Yes | 23 No |
Post New Answer View All Answers
Please tell something about ex-president APJ Kalam. Why he was so popular?
What Is Alternative Minimum Tax (amt)?
What do you know about RTGS and NEFT?
what are all the things will consider while doing sensitivity analysis?
What attracted you towards banks?
Who governs RRBs?
What are Non Performing Assets? How can they be reduced?
What are the functions of commercial bank in India?
Do All Debts Get Discharged?
Which is the new instrument launched by rbi to protect the saving of poor and middle class people from inflation and insensitive household sectors. What are the general techniques used by sccs?
Why do want to make a shift in your career?
Name the types of 'inflation'?
What are the three parameters on which car depends?
How can your graduation stream contribute to NABARD?
Which was the first indian bank to set up internet kiosk?