<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Is the Indian branch of foreign bank eligible to open Special Rupee Vostro Account of headquarter branch/any other branch situated in any foreign country?</title>
    <link>https://www.taxtmi.com/manuals?id=5962</link>
    <description>An Indian branch of a foreign bank may open a Special Rupee Vostro Account for a headquarter or other overseas branch only if the Indian branch is an Authorised Dealer bank and obtains the requisite approval from the Reserve Bank of India, on the same terms and subject to the same approvals as apply to other such accounts.</description>
    <language>en-us</language>
    <pubDate>Wed, 27 Nov 2024 13:24:00 +0530</pubDate>
    <lastBuildDate>Wed, 27 Nov 2024 13:24:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=779390" rel="self" type="application/rss+xml"/>
    <item>
      <title>Is the Indian branch of foreign bank eligible to open Special Rupee Vostro Account of headquarter branch/any other branch situated in any foreign country?</title>
      <link>https://www.taxtmi.com/manuals?id=5962</link>
      <description>An Indian branch of a foreign bank may open a Special Rupee Vostro Account for a headquarter or other overseas branch only if the Indian branch is an Authorised Dealer bank and obtains the requisite approval from the Reserve Bank of India, on the same terms and subject to the same approvals as apply to other such accounts.</description>
      <category>Manuals</category>
      <law>FEMA</law>
      <pubDate>Wed, 27 Nov 2024 13:24:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/manuals?id=5962</guid>
    </item>
  </channel>
</rss>