TMI BlogDraft Guidelines on Entry of Banks into Insurance Business – Insurance Broking BusinessX X X X Extracts X X X X X X X X Extracts X X X X ..... Draft Guidelines on Entry of Banks into Insurance Business – Insurance Broking Business - News and Press Release Dated:- 30-11-2013 - News - The Reserve Bank of India today released on its website, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Draft Guidelines on Entry of Banks into Insurance Business Insurance Broking Business for comments and feedback. Comments / feedback on the draft guidelines may be sent by email latest by Decembe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r 31, 2013 to the Chief General Manager, Department of Banking Operations and Development, Reserve Bank of India, Central Office Building, 13th Floor, S.B. Singh Marg, Mumbai 400001. It has been de ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cided to permit banks to undertake insurance broking business departmentally. Since Insurance Broking is a knowledge intensive activity which requires professional expertise, this will be permitted su ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... bject to the certain conditions. Banks desirous of offering insurance broking services should seek specific prior approval of Reserve Bank of India. Validity period for the approval granted for insura ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nce broking will be three years subject to review thereafter. Alpana Killawala Principal Chief General Manager - News - Press release - PIB Tax Management India - taxmanagementindia - taxman ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... agement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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