Authorised dealer deposit governance requires adherence to directions for offshore branch and correspondent deposits recorded in India. Regulation 6 provides that deposits made by an authorised dealer with its branch, head office or correspondent outside India, and deposits made by such ... Summary
Authorised dealer deposit governance requires adherence to directions for offshore branch and correspondent deposits recorded in India.
Regulation 6 provides that deposits made by an authorised dealer with its branch, head office or correspondent outside India, and deposits made by such foreign branches or correspondents and held in the dealer's books in India, are governed by directions issued by the monetary regulator from time to time.
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