Which received rbi approval to operate through a wholly owned?
Answers
Answered by
4
Mauritius-based SBM Group has received Reserve Bank of India’s approval to operate in the country through a wholly-owned subsidiary route — the first foreign lender to receive such a licence after local incorporation was introduced in 2013.
Singapore’s DBS Bank is another lender which is awaiting final approval from the RBI to convert its 12 branches into a wholly owned subsidiary.
Singapore’s DBS Bank is another lender which is awaiting final approval from the RBI to convert its 12 branches into a wholly owned subsidiary.
Answered by
12
Hlo mate :-
Answer :-
____________________________________________________________________________________________
● Mauritius-based SBM Group has received Reserve Bank of India’s approval to operate in the country through a wholly-owned subsidiary route
● — the first foreign lender to receive such a licence after local incorporation was introduced in 2013.
●Singapore’s DBS Bank is another lender which is awaiting final approval from the RBI to convert its 12 branches into a wholly owned subsidiary.
____________________________________________________________________________________________
☆ ☆ ☆ Hop It's helpful ☆ ☆ ☆
Answer :-
____________________________________________________________________________________________
● Mauritius-based SBM Group has received Reserve Bank of India’s approval to operate in the country through a wholly-owned subsidiary route
● — the first foreign lender to receive such a licence after local incorporation was introduced in 2013.
●Singapore’s DBS Bank is another lender which is awaiting final approval from the RBI to convert its 12 branches into a wholly owned subsidiary.
____________________________________________________________________________________________
☆ ☆ ☆ Hop It's helpful ☆ ☆ ☆
Similar questions