Examples of Holding Companies in a sentence
The Company being registered as a Non-Banking Financial Institution on 24th February, 1998 In terms of the provisions of Non-Banking Financial (Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2007.
In the US, the Federal Reserve currently interprets US legislation such as to allow certain Bank Holding Companies (BHCs) to engage in trading of physical commodities, subject to specific conditions and restrictions.
Joint Ventures and Holding Companies: Credentials of the partners of Joint ventures cannot (repeat cannot) be clubbed for the purpose of compliance of PQC in supply of Goods/Equipment, and each partner must comply with all the PQC criteria independently.
Name of TransactionHolding CompanyAmount Rs.Name of Transaction Holding Companies Fellow KMP Total Company under Subsidiariescommon controlInterest Charged on Loans- 46,797,780 ^ 46,797,780 - (6,461,247)-(6,461,247)Loan Given- 350,000,000 ^ 350,000,000 (160,00,000) (160,00,000) ---- -(*) The figures include Sales Tax / Service Tax as applicable (**) Represents transactions with Thomson Press (India) Limited.(^) Represents transactions with Radio Today Broadcasting Limited.
In order to avoid irregularities, to promote a robust operation and to protect the whistleblower, the Bank has set up the policy in acoordance with Article 34-2 of the “Implementation Rules of Internal Audit and Internal Control System of Financial Holding Companies and Banking Industries” of the Financial Supervisory Commission of the ROC and Article 21, § 1, 8° of the Belgian Banking Law.