Eligibility conditions

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....horisation is being sought. (3) An applicant shall fulfil the following criteria at the time of application: Category of AP Eligible entities AD Category-I A bank licensed by the Reserve Bank. AD Category-II i. A bank licensed by or a Non-Banking Financial Company (NBFC) registered with the Reserve Bank. ii. A Full-Fledged Money Changer or a Forex Correspondent functioning ....

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....KMPs) shall be 'fit and proper' on the following aspects: (a) qualification and experience in the financial services industry. (b) integrity, reputation and character. (c) absence of convictions or restraint orders from a court of law, disqualifications under the Companies Act, 2013 or other applicable corporate law, sanctions imposed by a regulatory body, or expulsion f....