As a company secretary, you are required to advise on the following issues: Can a foreign bank, operating in India, be registered as a depository participant?
CS Executive · Capital Market and Securities Laws · PYQS · June 2024
As a company secretary, you are required to advise on the following issues: Can a foreign bank, operating in India, be registered as a depository participant?
Answer & Explanation:
Yes, a foreign bank operating in India, with the approval of the Reserve Bank of India can be registered as a depository participant.
Topics: Depository System
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