Issue of Rupee Denominated Bonds overseas

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Full Text of the Document

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....enominated 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 circular Ref. DBR.No.BP.BC.1/21.06.201/2015-16 dated July 1, 2015, a....