Business Studies, asked by Sanjana111111, 1 year ago

why do Indian companies raise money through ADR and GDR??

Answers

Answered by Anonymous

1

Foreign companies can trade in US stock market, through various bank branches with the help of ADR. Whereas GDR helps foreign companies to trade in any country's stock market other than the US stock market. ADR is issued in America while GDR is issued in Europe. ADR is listed in American Stock Exchange i.e.

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