National Stock Exchange of India (NSE) and London Stock Exchange (LSE) have signed MoU to collaborate on creating a dual listing route for masala bonds and foreign currency bonds of Indian issuers.
It will serve as a potential precursor of further joint listings in future that could see foreign currency bonds in India also being able to list in London.
The partnership would also explore the launch of "ELITE", LSEG's (London Stock Exchange Group) business support and capital raising programme for private high-growth companies, in India in 2019.
It will extend access to the wider base of global investors as well as domestic and regional investors.