WebApr 10, 2024 · The Reserve Bank of India (RBI) on Monday released the final norms for outsourcing of information technology- (IT-) related services by financial sector entities, which will come into effect from October 1. The regulator has given 12 months to comply with the norms for existing contracts, which will come up for renewal before October 1. WebMar 31, 2016 · A person resident outside India desiring to establish a branch office or a liaison office or a project office or any other place of business in India shall submit an application in Form FNC (Annex C) to an Authorised Dealer Category-I bank who may, subject to the provisions of Regulation 5, grant approval as per the directions and/or …
WebJul 4, 2024 · "The RBI has issued licence to Bank of China to set up its first branch in India. It was a commitment made by the Prime Minister to the President of China," said a source. Web2 days ago · Price gains accelerated to 6.44% in February. Food prices, which make up about half of the inflation basket, moderated 4.79%, while fuel and light gained 8.91%. Clothing … how many rings does saturn have 7
19 Private Banks in India (RBI approved) - Suger Mint
WebEvery Branch office registered with RBI shall get itself registered with the Ministry of Corporate Affairs, It is a registration by the Branch office as a establishment of foreign company in India. On such registration a CIN i.e., Corporate Identity Number is allotted by the Registrar of Companies. Web2 days ago · A majority of 51 economists now expects the RBI to remain on hold for the remainder of 2024, despite inflation hovering near the top end of the 2-6% tolerance … Web1 day ago · Reserve Bank of India (RBI) issued preliminary regulations proposing to prohibit the capitalisation of penal charges and additional interest levied by banks on customers … howdens internal cutlery drawer