Reserve Bank of India - Notification No. 1145-02.27.004-2010-11 - Exchange Houses

This is a notification that non-resident exchange houses having rupee drawing arrangements with AD Category – I banks in India for cross-border inward remittances into India which have been duly approved by the Reserve Bank of India are exempted from the requirement of obtaining authorization under the Payment Systems and Settlement (PSS) Act, 2007.

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Tuesday, November 23, 2010
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Reserve Bank of India

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