Public financial institutions designation defines covered entities and allows government to notify others if established by statute or majority-controlled. Section 4A designates named entities as public financial institutions and permits the Central Government to notify additional institutions as public ... Summary
Foreign Exchange Management (Establishment in India of a branch office or a liaison office or a project office or any other place of business) Regulations, 2016
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Public financial institutions designation defines covered entities and allows government to notify others if established by statute or majority-controlled.
Section 4A designates named entities as public financial institutions and permits the Central Government to notify additional institutions as public financial institutions, provided such institutions are established by or under a Central Act or are majority government held or controlled.
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