Question

    Who can issue Rupee Denominated Bonds Overseas?

    A Real Estate Investment Trusts Correct Answer Incorrect Answer
    B Indian Banks Correct Answer Incorrect Answer
    C Infrastructure Investment Trusts Correct Answer Incorrect Answer
    D Only 1 and 2 Correct Answer Incorrect Answer
    E All of these Correct Answer Incorrect Answer

    Solution

    Any corporate (entity registered as a company under the Companies Act, 1956/ 2013) or body corporate (entity specially created out of a specific act of the Parliament) and Indian banks are eligible to issue Rupee denominated bonds overseas. Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) coming under the regulatory jurisdiction of the Securities and Exchange Board of India (SEBI) are also eligible.

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