Reserve Bank of India definition

Reserve Bank of India means Reserve Bank of India as constituted under the Reserve Bank of India Act, 1934
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Reserve Bank of India or “RBI” means the Bank constituted under the provisions of Section 3 of the Reserve Bank of India Act, 1934, as amended;
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Reserve Bank of India or “RBI” means the Reserve Bank of India or any successor thereto.
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Examples of Reserve Bank of India in a sentence

  • Participant must maintain the foreign inward remittance certificate received from the bank where the foreign currency is deposited in the event that the Reserve Bank of India or the Employer requests proof of repatriation.

  • Any refund, transfer of security, if provided in terms of the Agreement shall be made in accordance with the provisions of Foreign Exchange Management Act, 1999 or statutory enactments or amendments thereof and the Rules and Regulations of the Reserve Bank of India or any other applicable law.

  • The Participant is personally responsible for obtaining a foreign inward remittance certificate (“FIRC”) from the bank where the Participant deposits the foreign currency and holding the FIRC as evidence of the repatriation of funds in the event the Reserve Bank of India or the Employer requests proof of repatriation.

  • The Allottee, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bank of India Act and Rules and Regulations made thereunder or any statutory amendment(s) modification(s) made thereof and all other applicable laws including that of remittance of payment acquisition/sale/transfer of immovable properties in India etc.

  • Employee should maintain the FIRC received from the bank as evidence of the repatriation of the funds in the event that the Reserve Bank of India or the Employer requests proof of repatriation.


More Definitions of Reserve Bank of India

Reserve Bank of India means the Reserve Bank of India or RBI established under the Reserve Bank of India Act, 1934 (2 of 1934).
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Reserve Bank of India means the Reserve Bank of India, an entity constituted under Section 3(1) of the Reserve Bank of India Act (No.2 of 1934) for, among other matters, the purposes of taking over the management of currency from the Central Government; carrying on the business of banking under the Reserve Bank of India Act; and such other functions that might be assigned or entrusted to it under applicable laws and regulations.
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Reserve Bank of India or "RBI" means the Guarantor’s central bank, established under the Reserve Bank of India Act, 1934;
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Reserve Bank of India means any office or branch of the Banking Department of the Reserve Bank constituted under the Reserve Bank of India Act, 1934.
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Reserve Bank of India means the Borrower’s central bank.
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Reserve Bank of India. (RBI) means the central bank of India, which was established on the 1st day of April
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Reserve Bank of India or "RBI" means the Borrower’s central bank, established under the Reserve Bank of Xxxxx Xxx, 0000; and
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