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<h1>India's 2014 Depository Receipts Scheme: Key Terms, Eligibility, Foreign Holdings, and Compliance Explained</h1> The Depository Receipts Scheme, 2014, facilitates the issuance of depository receipts outside India. It is implemented by authorities including the Reserve Bank of India, SEBI, and the Ministry of Finance. The scheme defines key terms such as depository receipts, domestic and foreign depositories, and permissible jurisdictions. It outlines eligibility criteria for issuing or transferring securities to foreign depositories and specifies limits on foreign holdings. The scheme mandates compliance with pricing norms and grants voting rights to depository receipt holders. It also includes obligations for domestic custodians and addresses market abuse, repealing the 1993 scheme except for foreign currency convertible bonds.