SC: CBDT Circulars do not Bind Courts in Income Tax Matters || SC: Gujarat Saw Several Hooch Tragedies despite Prohibition on Liquor || SC: Interest Continues if Award-Holder Cannot Freely Withdraw Conditional Deposit || SC Urges Law Commission to Examine Law Governing Deposits Made in Courts || SC: Civil Court Cannot Grant Interim Relief While Leave Application Against Public Trust is Pending || Calcutta HC Upholds ITC Injunction, Says ‘Gold’ Has Acquired Secondary Meaning || MP High Court Denies Compensation as Pregnancy Pre-Dated Sterilization Surgery || Delhi HC: MACT Must Assess Claimant’s Need Before Denying Release of FDR Compensation || Delhi HC Orders Interpol Red Corner Notice Against Man Facing Contempt Over Remarks Against Judges || Gujarat HC Allows Seven-Day Parole to Convict in Bilkis Bano Case

System for reporting banks’ associations discontinued- (Reserve Bank of India) (30 Jun 2016)

MANU/DDBS/0003/2016

Banking

The Reserve Bank of India discontinued the Quarterly Reporting System - foreign branches/subsidiaries/joint ventures/associates of Indian Banks , with effect from 30 June 2016.

Under QRS, the above mentioned entities of Indian banks were required to submit quarterly returns for reporting of profit and asset size of overseas operations of the bank.

Tags : QUARTERLY REPORTING SYSTEM FOREIGN BRANCHES ASSOCIATIONS INDIAN BANKS

Share :