IDR meaning in Banking ?

Answer: What is Indian Depository Receipt mean?

Indian Depository Receipt (IDR) is a financial instrument denominated in Indian Rupees in the form of a depository receipt. The IDR is a specific Indian version of the similar global depository receipts.

It is created by a Domestic Depository (custodian of securities registered with the Securities and Exchange Board of India) against the underlying equity of issuing company to enable foreign companies to raise funds from the Indian securities Markets. The foreign company IDRs will deposit shares to an Indian depository. The depository would issue receipts to indian investors against these shares. The benefit of the underlying shares (like bonus, dividends etc.) would accrue to the depository receipt holders in India.

reference

Full Form	Category
Industrial Development Revenue Bonds	Accounts and Finance
Indore	Airport Code
Indian Depository Receipt	Banking
Intrawest Corporation	Business
Infrastructure Development and Recovery	Community
Institute for Development Research	Community
Intercultural Development Research	Community
Image Data Record	Computing
Intelligent Disaster Recovery	Computing
Internet Domain Routing	Computing
Informatica Data Replication	Computing
Intermediate Data Rate	Computing
Increased Digital Resolution	Computing
Indonesian Rupiah	Country Currency
Intelligent Document Recognition	General
Is a Depository Receipt	General
Interactive Delphi Reconstructor	General
In Depth Review	General
Image Data Resource	General
Intelligent Drive Package	General
Inside Drag Racing	General
Industrial Design Research	General
Integrated Data and Reporting	General
Independent Dispute Resolution	General
Irreproducibility Discovery Rate	General
Innate Defense Regulator	General
Iowa Department of Revenue	General
Inspection Discrepancy Report	General
Independent Design Review	General
Internal Data Resources	General
Inter Domain Routing	General
Invention Disclosure Report	General
Infantry Drill Regulation	General
Integrated Data Repository	General
Information Document Request	General
Induced Dimension Reduction	General
Instantaneous Decoding Refresh	General
Issuer Default Rating	General
Individualized Daily Reading	General
Inverted Direct Response	General
Issuer Default Ratings	General
Income Driven Repayment	General
Incident Detection and Response	General
Iota Delta Rho	General
Irreproducible Discovery Rate	General
Issuer Data Report	General
Internal Dispute Resolution	General
Indian Depository Receipts	General
Incentive Distribution Rights	General
Informal Dispute Resolution	Governmental
Institute for Dispute Resolution	Governmental
Inner Distribution Road	Governmental
Idiosyncratic Drug Reaction	Governmental
INDI ROAD	Indian Railway Station
In Der Regel	International
Inscripţile Daciei Romane, Bucureşti	International
I Don't Read	Internet
Internet Domain Registry	Internet
Infectious Diseases Requisition	Medical
Indiana Disability Rights	Medical
Individual Drill Regulation	Military and Defence
Interface Design Requirement	Military and Defence
Institute of Dental Research	Military and Defence
Initial Design Review	Space Science
Interim Discrepancy Report	Space Science
Intermediate Design Review	Space Science
International Depository Receipt	Stock Exchange
Installer Design Required	Telecommunication