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of <h1>Liaison Office Can Upgrade to Branch Office Automatically with Authorized Dealer Approval, Notify Reserve Bank's Foreign Exchange Department</h1> An LO (Liaison Office) can be upgraded to a BO (Branch Office) under the automatic route with AD (Authorized Dealer) approval if the overseas entity qualifies to open a BO under general permission. This process requires notifying the Reserve Bank's Foreign Exchange Department, CO Cell, located at Sansad Marg, New Delhi.
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