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of <h1>AD Banks Can Approve Branch, Liaison, or Project Offices for Certain Foreign Nationals Without RBI Referral</h1> If an applicant is a citizen of or registered/incorporated in Bangladesh, Sri Lanka, Afghanistan, Iran, China, Hong Kong, or Macau and seeks to open a Branch Office (BO), Liaison Office (LO), or Project Office (PO) in cities or states excluding Jammu and Kashmir, the North East region, and the Andaman and Nicobar Islands, the Authorized Dealer (AD) bank can permit this without referring the matter to the Reserve Bank of India.
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