The Reserve Bank of India (RBI) has decided to exclude ‘DBS bank Limited’ from second schedule of RBI Act, 1934 consequent upon setting up of ‘DBS Bank India Limited’ as a Wholly Owned Subsidiary of DBS Bank Limited.
from taxmann.com News https://www.taxmann.com/topstories/222330000000018418/rbi-excludes-‘dbs-bank-limited’-from-second-schedule-of-rbi-act.aspx
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