Explanation:
In a circular issued recently, the RBI has directed all banks that have issued GDRs or ADRs to take prior consent of the RBI before amending any agreement between the banks and the depositories that issue such instruments.
Copyright © 2024 EHUB.TIPS team's - All rights reserved.
Answers & Comments
Explanation:
In a circular issued recently, the RBI has directed all banks that have issued GDRs or ADRs to take prior consent of the RBI before amending any agreement between the banks and the depositories that issue such instruments.