000.00 Pounds which is an equivalent to (4 CRORES, 76 LAKHS IN INDIA INR,) Your payment is categorized as: Lottery/Inheritance/ Undelivered fund pending with the Reserve Bank of India/ Since has been recently approved.
Our experts assist in preparing documentation by preparing a thorough report. The observations in this report are categorized into areas for improvement, non-compliance, and compliance with the regulatory criteria related to information technology or information systems. The records function as an all-in...
Under the existing mechanism of incurred loss provisioning, loan provisioning is based on the duration for which the account has remained in the NPA category. The RBI has suggested rolling out the additional provisions over a maximum of five years. ICRA expects some banks to increase external cap...
5. Finance Ministry has included directors of a company as reporting entity under the PMLA for certain activities carried out in the course of business. It has also included trustees of an express trust and nominee shareholders of company as reporting entity under the Prevention of Money Laundering...
This would also cover in its ambit borrowers because in the context of Banks, the Supreme Court has held that persons who avail of any banking services is a consumer under the Consumer Protection Act1. Additionally, as the National Consumer Disputes Redressal Forum, and the State Consumer Disp...
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