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SIL INVESTMENTS LIMITED FIT AND PROPER CRITERIA POLICY.REGULATORY FRAMEWORK AND BACKGROUND A. As per the Reserve Bank of India (RBI) Circular dated 10 November 2014 titled Revised Regulatory Framework
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Fit and proper criteria222 refers to the standards and requirements set forth for individuals to demonstrate their capability, integrity, and credibility to hold certain positions within an organization or industry.
Individuals who are seeking to hold certain positions within an organization or industry that require them to meet the fit and proper criteria222 are required to file this document.
Fit and proper criteria222 can typically be filled out by providing relevant personal and professional information, as well as any supporting documentation that demonstrates the individual's capabilities, integrity, and credibility.
The purpose of fit and proper criteria222 is to ensure that individuals holding certain positions within an organization or industry possess the necessary qualifications, integrity, and credibility to perform their duties effectively and ethically.
Information such as personal details, qualifications, work experience, references, and any other relevant information that demonstrates the individual's capability, integrity, and credibility may need to be reported on fit and proper criteria222.
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