Section 25 of BRA : Section 25: Assets In India
BRA
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Explanation using Example
Imagine a scenario where XYZ Bank, a banking company operating in India, is approaching the end of the September quarter. According to Section 25 of The Banking Regulation Act, 1949, XYZ Bank must ensure that its assets in India at the close of business on the last Friday of September (unless that Friday is a public holiday) are not less than 75% of its demand and time liabilities in India.
XYZ Bank's compliance team calculates the bank's assets and l...
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