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NON-CONVERTIABLE DEBENTURE

Private Placement of Non-Convertible Debentures

A business can collect public loans other than deposits by issuing debt instruments against the business. Such debt instruments are usually referred to as debentures. The following is not regarded as debentures: (a) The instruments referred to in Chapter III-D of the Reserve Bank of India Act of 1934 on swaps, monetary market instruments, repo, reverse repo […]

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