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<h1>Banks Apply to RBI for Rupee or Foreign Currency Drawing Arrangements with Exchange Houses; Detailed Documentation Required</h1> The form is an application for banks to obtain permission to enter into Rupee or Foreign Currency Drawing Arrangements with Exchange Houses, submitted to the Reserve Bank of India. It requires documentation such as licenses, compliance certificates, financial statements, and internal control assessments. The application includes details about the applicant bank's existing arrangements, financial history, and any disputes. It also requires information about the proposed Exchange House, including its management structure, financial status, and licenses. The form asks for specifics about the proposed arrangement, such as business projections and collateral agreements, ensuring the bank's preparedness and due diligence.
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