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    <title>General Permission for Acquiring Equity of SWIFT</title>
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    <description>A banking company in India licensed by the Reserve Bank may acquire shares of SWIFT, Belgium in accordance with SWIFT by laws, provided the bank has prior RBI permission for admission as a member of the SWIFT User&#039;s Group in India, limiting the permission to entities licensed under the Banking Regulation Act and subject to RBI approval and SWIFT governance compliance.</description>
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      <description>A banking company in India licensed by the Reserve Bank may acquire shares of SWIFT, Belgium in accordance with SWIFT by laws, provided the bank has prior RBI permission for admission as a member of the SWIFT User&#039;s Group in India, limiting the permission to entities licensed under the Banking Regulation Act and subject to RBI approval and SWIFT governance compliance.</description>
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