Zero coupon zero principal instrument means an instrument issued by a Not for Profit Organisation (NPO) which will be registered with the social stock exchange segment of a recognised stock exchange.
The measures include easing norms for FPI investment in the debt market, and increasing the External Commercial Borrowing (ECB) limit under the automatic route from USD750 million or its equivalent per financial year to USD 1.5 billion.
Public sector Indian Bank has inked a Memorandum of Understanding with a pact with the Government of Haryana towards the distribution of mobile phones to consumers through an e-unified payment interface system.
EXAMIANS