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    <title>Rupee Drawing Arrangement – Delegation of work to Regional Offices</title>
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    <description>Regional Offices of the Reserve Bank are authorised to grant first time permissions for AD Cat I banks to enter into Rupee Drawing Arrangement (RDA) with non resident exchange houses; AD Cat I banks must submit the prescribed application to the Regional Office with jurisdiction over their registered office, may thereafter enter into RDAs subject to prescribed guidelines and must inform that Regional Office immediately. AD Cat I banks must also submit the Board approved annual review note on vostro accounts under RDAs by 30 June each year to the same Regional Office.</description>
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      <description>Regional Offices of the Reserve Bank are authorised to grant first time permissions for AD Cat I banks to enter into Rupee Drawing Arrangement (RDA) with non resident exchange houses; AD Cat I banks must submit the prescribed application to the Regional Office with jurisdiction over their registered office, may thereafter enter into RDAs subject to prescribed guidelines and must inform that Regional Office immediately. AD Cat I banks must also submit the Board approved annual review note on vostro accounts under RDAs by 30 June each year to the same Regional Office.</description>
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