RbiSearchHeader

Press escape key to go back

Past Searches

Theme
Theme
Text Size
Text Size
S1

Notification Marquee

RBI Announcements
RBI Announcements

RbiAnnouncementWeb

RBI Announcements
RBI Announcements

Asset Publisher

79029110

Two-way fungibility of ADRs/GDRs
A.P. (DIR Series) Circular No.37 (April 9, 2002)

Reserve Bank of India
Exchange Control Department
Central Office
Mumbai 400 001

 

A.P. (DIR Series) Circular No.37

April 9, 2002

To
All Authorised Dealers in Foreign Exchange

Madam/Sirs,

Two-way fungibility of ADRs/GDRs

Attention of Authorised Dealers is invited to A.P.(DIR Series) circular No.21 dated February 13, 2002, enclosing the Operative Guidelines for the limited two-way fungibility under the "Issue of Foreign Currency Convertible Bonds and Ordinary Shares (Through Depository Receipt Mechanism) Scheme, 1993".

2. The following amendment may be made in the Operative Guidelines with immediate effect:

' The word ‘NSDL’ in item `h' on page 2 of the Operative Guidelines shall be replaced by the words ‘NSDL/CDSL’. '

3. Authorised Dealers may bring the contents of this circular to the notice of their constituents concerned.

4. The directions contained in this circular have been issued under Section 10(4) and Section 11(1) of the Foreign Exchange Management Act, 1999 (42 of 1999).

Yours faithfully,

Grace Koshie
Chief General Manager

RbiTtsCommonUtility

प्ले हो रहा है
ਸੁਣੋ

Related Assets

RBI-Install-RBI-Content-Global

RbiSocialMediaUtility

ਭਾਰਤੀ ਰਿਜ਼ਰਵ ਬੈਂਕ ਮੋਬਾਈਲ ਐਪਲੀਕੇਸ਼ਨ ਇੰਸਟਾਲ ਕਰੋ ਅਤੇ ਨਵੀਨਤਮ ਖਬਰਾਂ ਤੱਕ ਤੇਜ਼ ਐਕਸੈਸ ਪ੍ਰਾਪਤ ਕਰੋ!

Scan Your QR code to Install our app

RbiWasItHelpfulUtility

ਕੀ ਇਹ ਪੇਜ ਲਾਭਦਾਇਕ ਸੀ?