Question
Every Parent Bank shall be permitted to establish
……………..in each International Financial Services Centre, as a branchSolution
IFSCA (Banking) Regulations 2020 · Every Parent Bank shall be permitted to establish only one Banking Unit in each International Financial Services Centre, as a branch. Representative Offices shall be allowed to be set up in IFSC · A Parent Bank may set up its Representative Office or Global Administrative Office in IFSC under a suitable mechanism, subject to such conditions as may be specified by the Authority.
In the following question, one part of the sentence is being bold. Below are given options suggesting replacements to the bold part, which may improve ...
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Riya we...