Masala bonds are bonds issued outside India but denominated in Indian Rupees, rather than the local currency. Kerala Infrastructure Investment Fund Board have listed 21.5 billion rupees ($305 million) of Masala bonds on the London Stock Exchange.
CIPAM is planning to launch a scheme for raising intellectual property rights awareness at a cost of Rs 29.7 crore. What does ‘C’ stand for in ‘CIPAM’?