Question
a.
Approval from the Securities and Exchange Board of India (SEBI)
b.
Approval from the Ministry of Finance and permission from the Reserve Bank of India (RBI)
c.
Approval from the Ministry of Corporate Affairs
d.
Approval from the Board of Directors only
Posted under IC 89 Management Accounting
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Q. What regulatory approval is required for the issuance of Global Depositary Receipts (GDRs) or Foreign Currency Convertible Bonds (FCCBs)?
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