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    <title>Secretary, DFS chairs Inter-Departmental Committee meeting with member ministries of MHA, MEA, DoC and RBI</title>
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    <description>The Inter Departmental Committee reviewed and recommended proposals concerning establishment of foreign bank branches, representative offices and subsidiaries in India, requests to relocate existing branches within India, and proposals by Indian banks to expand abroad. The Department of Financial Services, as nodal authority, chairs the Committee and consults with the Ministry of Home Affairs, Ministry of External Affairs, Department of Commerce and the Reserve Bank of India to ensure coordinated evaluation.</description>
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