Three divisions of Foreign Exchange Department shifted to FED CO Cell at New Delhi

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..... ler Category-I (AD Category-I) banks is invited to the Press Release dated June 17, 2014 which mentions the shifting of three divisions of Foreign Investment Division (FID) viz. Liaison/Branch/Project Office (LO/BO/PO) Division, Non Resident Foreign Account Division (NRFAD) and Immovable Property (IP) Division to New Delhi with effect from July 15, 2014. The address for correspondence for the th .....

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..... Category-I banks are required to report (i) the extension of validity of the Liaison Offices to the Regional Office concerned as well as to the Central Office, and (ii) closure of the Liaison Offices to the concerned Regional Office and closure of Branch Offices to the Central Office. 4. It is advised that all cases pertaining to these three divisions and the monthly statements as per circular .....

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