https://www.taxtmi.com/circulars?id=5207 The Reserve Bank permits AD Category I banks to designate drawee branches under Rupee Drawing Arrangements beyond the earlier numerical cap where those branches operate on a Core Banking Solution with on line funds monitoring to prevent concealed overdrafts, subject to Reserve Bank approval for the tie up with an Exchange House, adherence to Rupee Drawing Arrangements instructions, and prior Board approval before increasing drawee branches; prior permission requirements for tie ups remain unchanged. en-us Fri, 22 Aug 2008 00:00:00 +0530 Wed, 01 Oct 2008 17:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=5207 The Reserve Bank permits AD Category I banks to designate drawee branches under Rupee Drawing Arrangements beyond the earlier numerical cap where those branches operate on a Core Banking Solution with on line funds monitoring to prevent concealed overdrafts, subject to Reserve Bank approval for the tie up with an Exchange House, adherence to Rupee Drawing Arrangements instructions, and prior Board approval before increasing drawee branches; prior permission requirements for tie ups remain unchanged. Circulars FEMA Fri, 22 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5207