Powers of Reserve Bank not to apply to IFSC [ Section 44A ]

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ion 44A provides that Notwithstanding anything contained in any other law for the time being in force, the powers exercisable by the Reserve Bank under this Act, (a) shall not extend to an Inte .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ermitted in the International Financial Services Centres are concerned. Remittances to International Financial Services Centres (IFSCs) in India under the Liberalised Remittance Scheme (LRS) .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X