Interest payable on rupee bonds issued abroad by Indian cos exempt from income tax
The interest would be exempt on rupee denominated bond issued outside India during the period from September 17, 2018, to March 31, 2019.
Sep 18, 2018, 10:53 AM IST
Masala bonds can be new funding source for Indian companies: IFC
Bullish on India's growth prospects, International Finance Corporation (IFC) has said offshore rupee bonds can provide a new source of funding for Indian companies and they stand to benefit in the longer term from comparative pricing landscape.
Apr 10, 2016, 11:22 AM IST
European Bank for reconstruction, development issues ''Masala Bonds''
European Bank for Reconstruction and Development issued the sixth rupee or `Masala Bond` at the London Stock Exchange today. The bonds are likely to raise five billion rupees (USD 73.9 million).
Mar 07, 2016, 18:50 PM IST
RBI permits companies to issue rupee bonds overseas
The Reserve Bank Tuesday proposed that Indian corporates eligible for raising external commercial borrowings (ECBs) could also raise funds overseas by issuing Rupee linked bonds, a move expected to open another window for cheaper resources.
Jun 09, 2015, 21:12 PM IST
