Business Studies, asked by hardikabhinav3, 2 months ago

"This receipt is issued by foreign companies to raise funds from the Indian Investors." Identify.

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Answered by aastharajput34

Answer:

An IDR is an instrument 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 companies to raise funds from the Indian .

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"This receipt is issued by foreign companies to raise funds from the Indian Investors." Identify.​

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"This receipt is issued by foreign companies to raise funds from the Indian Investors." Identify.