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InternationalAssetReconstructionCompanyPrivateLimited FAIRPRACTICECODE (asapprovedbytheBoardatitsMeetingheldon15.12.2008) 1. INTRODUCTION IARCisaSecuritisationandAssetReconstructionCompanyregisteredwithReserveBankofIndia
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What is rbi under section 3?
RBI under section 3 refers to the Reserve Bank of India (RBI) Act, 1934, which is the legislation governing the central banking institution of India, the Reserve Bank of India.
Who is required to file rbi under section 3?
Only authorized banks and financial institutions in India are required to file RBI returns under section 3 of the RBI Act, 1934.
How to fill out rbi under section 3?
The process to fill out RBI returns under section 3 may vary, but generally, it involves providing the required financial and operational information in the prescribed format specified by the Reserve Bank of India.
What is the purpose of rbi under section 3?
The purpose of RBI returns under section 3 is to facilitate the collection of financial and operational data from banks and financial institutions, which helps the Reserve Bank of India in its regulatory and policy-making functions.
What information must be reported on rbi under section 3?
The exact information that must be reported on RBI returns under section 3 may vary based on the specific reporting requirements set by the Reserve Bank of India. It typically includes financial statements, asset and liability details, loan and investment portfolio information, and other relevant operational data.
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