Buyback /prepayment of Foreign Currency Convertible Bonds (FCCBs)
ON a review and considering the developments in the global financial markets, it has been decided that the existing scheme of Buyback/Prepayment of FCCBs under the approval route which expired on March 31, 2013 will be continued till December 31, 2013 and shall stand discontinued thereafter.
Circular No. 115/RBI., Dated: June 25, 2013