Issue of Rupee Denominated Bonds overseas

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Full Text of the Document

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....r No.14 dated November 03, 2016 on issue of rupee denominated bonds overseas by Indian banks. 2. We advise that banks are permitted to raise funds through issuance of rupee denominated bonds overseas for the following purposes: • Perpetual Debt Instruments (PDI) qualifying for inclusion as Additional Tier 1 capital under the extant Basel III Capital Regulations prescribed vide circ....