Question:
Many times we read in the newspaper that several companies are adopting the FCCB route to raise capital. What is the full form of FCCB?
Many times we read in the newspaper that several companies are adopting the FCCB route to raise capital. What is the full form of FCCB?
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Expand each letter of FCCB literally: Foreign, Currency, Convertible, Bonds.
Updated On: Jul 15, 2026
- Foreign Currency Convertible Bonds
- Foreign Convertible Credit Bonds
- Financial Consortium and Credit Bureau
- None of these
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Verified By Collegedunia
The Correct Option is A
Solution and Explanation
Step 1: Understanding the Concept.
FCCB is a well-known corporate fund-raising instrument used by Indian companies to borrow from foreign investors.
Step 2: Check the options.
“Foreign Convertible Credit Bonds” and “Financial Consortium and Credit Bureau” are not real financial instruments, so options B and C are wrong.
Step 3: Final Answer.
FCCB stands for Foreign Currency Convertible Bonds, a bond issued in a currency different from the issuer's home currency that can later be converted into equity shares. Option A is correct.
FCCB is a well-known corporate fund-raising instrument used by Indian companies to borrow from foreign investors.
Step 2: Check the options.
“Foreign Convertible Credit Bonds” and “Financial Consortium and Credit Bureau” are not real financial instruments, so options B and C are wrong.
Step 3: Final Answer.
FCCB stands for Foreign Currency Convertible Bonds, a bond issued in a currency different from the issuer's home currency that can later be converted into equity shares. Option A is correct.
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