Reserve Bank permission governs security transfers or issues by Indian branches, offices and agencies of non-residents. Reserve Bank permission may be granted, upon application and where considered necessary, to a branch, office or agency in India of a person resident ... Summary
Reserve Bank permission governs security transfers or issues by Indian branches, offices and agencies of non-residents.
Reserve Bank permission may be granted, upon application and where considered necessary, to a branch, office or agency in India of a person resident outside India for the transfer or issue in India of any security or foreign security. Such permission may be subject to necessary terms and conditions.
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