International Financial Services Centres Authority vide circular dated August 30, 2023 has issued a Banking Handbook on Opening of SNRR account with AD Banks in India. An Indian Banking Unit may open an INR account, in the form of a Special Non-Resident Rupee Account (SNRRA), with an AD Bank in India to defray its administrative expenses.
The account shall be managed in compliance with the directions of the Reserve Bank of India.
The ANI stakeholders are Points of Presence (Bank and Non-Bank), Central Record Keeping Agencies, Trustee Banks, Custodians, Aggregators, Annuity Service Providers, Pension Agents, Retirement Advisors,
e-NAM is a demand-driven scheme. The integration of mandis under the e-NAM platform is based on proposals received from State Governments/Union Territories, reflecting their demand
Based on the comments and counter-comments received from stakeholders in the consultation process, and on its own analysis, TRAI has finalized the Recommendations on Assignment
The Government of India launched the IndiaAI Mission on March 7th, 2024, to bolster India’s global leadership in AI and democratize the benefits of AI
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