Business Studies, asked by shubhamtiwari9583, 18 days ago

12.Briefly discuss Indian Depository Receipts as a source of finance.​

Answers

Answered by XxEVILxspiritxX
3

It is created by a Domestic Depository (custodian of securities registered with the Securities and Exchange Board of India) against the underlying equity of issuing company to enable foreign companies to raise funds from the Indian securities Markets.

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