Explain GDR,ADR and IDR????
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ADR is American Depository system; GDR is Global Depository System; IDR is Indian Depository System whereby the process is reversed. Hence, in IDR foreign companies deposits their shares with Indian banks in lieu of receipts which is registered with National Stock Exchange and then acts as shares.
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1. GDR :- A global depositary receipt or GDR is a bank certificate issued in more than one country for shares in a foreign company.
2. ADR :- Alternative Dispute Resolution. Alternative Dispute Resolution (ADR) is the procedure for settling disputes without litigation, such as arbitration, mediation, or negotiation. ADR procedures are usually less costly and more expeditious.
3. IDR :- Indian Depository Receipts (IDR) is a type of Depository Receipt denominated in Indian Rupees in the form of a depository receipt 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
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✨✨with love here is your answer ✨✨
1. GDR :- A global depositary receipt or GDR is a bank certificate issued in more than one country for shares in a foreign company.
2. ADR :- Alternative Dispute Resolution. Alternative Dispute Resolution (ADR) is the procedure for settling disputes without litigation, such as arbitration, mediation, or negotiation. ADR procedures are usually less costly and more expeditious.
3. IDR :- Indian Depository Receipts (IDR) is a type of Depository Receipt denominated in Indian Rupees in the form of a depository receipt 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
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