As per the Reserve Bank of India (RBI) guidelines for issuing Masala Bonds (INR denominated bonds issued overseas), the minimum maturity period was set at 3 years.
As per the RBI guidelines, which one of the following is the minimum tenure of Masala Bonds that an Indian company can issue offshore ?
Asked in UPSC NDA 2 2016 · Topic: External Commercial Borrowings (ECB) (Maturity Period Regulations and Average Maturity Requirements)
More External Sector of Economy questions
- Which among the following institutions regulates the external commercial borrowings ?
- Consider the following statements : Tight monetary policy of US Federal Reserve could lead to capital flight. Capital flight may increase the interest cost of firms with existing External Commercial Borrowings (ECBs). Devaluation of domestic currency decreases the currency risk associated with ECBs. Which of the statements given above are correct ?
