HomeNewsBusinessCompaniesFCCB buyback window extends, redemption goes auto: Sources
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FCCB buyback window extends, redemption goes auto: Sources

CNBC TV18’s Siddharth Zarabi learns that now the RBI and the finance ministry have decided to extend FCCBs buyback until March 2012, as the deadline is set to end this month.

June 15, 2011 / 10:12 IST
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As the foreign currency convertible bonds (FCCBs) issued by Indian companies are trading at deep discounts, Reserve Bank of India (RBI) along with the finance ministry allowed companies to buyback the bonds. CNBC TV18

TAGS: #Business #buyback window #foreign currency convertible bonds #Reserve Bank of India
first published: Jun 14, 2011 05:26 pm

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