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TMI BlogIFSCA executes MoU with the Reserve Bank of India (RBI)X X X X Extracts X X X X X X X X Extracts X X X X ..... IFSCA executes MoU with the Reserve Bank of India (RBI) - News and Press Release Dated:- 16-11-2022 - News - The International Financial Services Centres Authority (IFSCA) and the Reserve Bank of India (RBI) have entered into a Memorandum of Understanding (MoU) for collaboration in the field of regulation and supervision of regulated entities in their respective jurisdictions. The MoU facilit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ates technical cooperation and exchange of information. The IFSCA, being a unified regulator responsible for development and regulation of financial products, financial services and financial institutions in the International Financial Services Centre(s) (IFSC) established in India, is, inter-alia, entrusted with the responsibility of regulation and supervision of authorized banks and non-ban ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... king financial institutions operating in such IFSCs. The RBI is the central bank and monetary authority of India carrying on, inter-alia, the regulation and supervision of banks and non-banking financial institutions as well as undertaking other functions and exercising powers in accordance with various statutes The MoU opens up avenues for cooperation between the two regulators, thereb ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y strengthening the safety, stability and soundness of respective financial ecosystems and nurturing environments conducive to optimal business development and economic growth. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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