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Approval of the Reserve Bank in certain cases for establishment

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....n office or project office or any other place of business in India • Any application from a person resident outside for opening of a branch office or a liaison office or a project office or any other place of business in India shall require prior approval of Reserve Bank in the following cases where:- • the applicant is a citizen of or is registered/incorporated in [ Clau....

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Full Text of the Document

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....Broadcasting: • Exception:- No need approval of the Reserve Bank of India • In case where Government approval or license/permission by the concerned Ministry/Regulator has already been granted. • In the case of proposal for opening a project office relating to defence sector, no separate reference or approval of Government of India shall be required ....