https://www.taxtmi.com/circulars?id=52290 A bank in India licensed under the Banking Regulation Act is granted general permission to acquire SWIFT shares per SWIFT by laws, provided the bank has Reserve Bank permission for admission to the SWIFT User's Group in India as a member; this replaces case by case approvals and is effective immediately, with AD Category I banks to inform constituents, without prejudice to other statutory permissions. en-us Thu, 11 Jul 2013 00:00:00 +0530 Fri, 12 Jul 2013 10:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52290 A bank in India licensed under the Banking Regulation Act is granted general permission to acquire SWIFT shares per SWIFT by laws, provided the bank has Reserve Bank permission for admission to the SWIFT User's Group in India as a member; this replaces case by case approvals and is effective immediately, with AD Category I banks to inform constituents, without prejudice to other statutory permissions. Circulars FEMA Thu, 11 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52290