In ADR and GDR process, _______ issues the depository Receipts in Foreign Markets.
A)Custodian bank
B)Depository Bank
C)Issuing Company
D)Lead manager

Name: In ADR and GDR process, _______ issues the depository Receipts in Foreign Markets. A)Custodian bank B)Depository Bank C)Issuing Company D)Lead manager
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The Depository Bank issues the Depository Receipts in foreign markets, acting as a bridge between the issuing company and the foreign investors.

In ADR and GDR Process, _______ Issues the Depository Receipts