Masala bonds are bonds issued outside India and are denominated in Indian rupee rather than any foreign currency. It has two advantages: Allows to raise capital in foreign market Shields from the fluctuation of exchange rate Both interest and principal payment is done in Indian rupee. The first Masala bond was issued by the World Bank backed International Finance Corporation (IFC) in November 2014. It raised 1,000 crore bond to fund infrastructure projects in India. HDFC was the first Indian company to issue Masala Bond in 2016. It raised 3,000 crore through this. In August, 2016 NTPC issued first corporate masala bond worth Rs 2,000 crore.
In each question below, a sentence is given with a part of it printed in bold type. That part may contain a grammatical error. Each sentence is followe...
In the questions, a part of the sentence is highlighted. Below are given alternatives to the highlighted part which may improve the sentence. Choose ...
All banks disbursing central government pension have been advised that in case the spouse opts for the existing joint bank account for credit of famil...
I’ve realised it’s more of a mental challenge (then) a physical one.
The government has approved the plan for production (A)/self-reliance in defence manufacturing in India, (B)/ in an endeavour to provide a big boost to ...
This is one of the best book that I have read.
The incident took place around 8.30 a.m. when a joint team (A)/of various security forces was out on a road security operation (B)/near Bodli camp, loca...
This marks the second time the pandemic has forced a postponement over the 12th Ministerial Conference.
It will cruise in the atmosphere like an aircraft and it has capable of travelling up to 1,000 km.
After reviewing the proposals, the committee decided that the project will have been started within the next six months.
(i) would have been star...
