What are the guidelines in respect of Reporting, Audit and Inspection of franchisees?

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..... I Banks / ADs Category-II / FFMCs are expected to put in place adequate arrangements for reporting of transactions by the franchisees to the franchisers on a regular basis (at least monthly). Regular .....

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..... nging business is being carried out by the franchisees in conformity with the terms of the agreement and prevailing Reserve Bank guidelines and that necessary records are being maintained by the franc .....

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