1.4
- Document type
- Manual
- Dated
- Category
- Exchange Management Manual
Authorised Dealers in Foreign Exchange
Authorisations in the form of licences to deal in foreign exchange are granted to banks which are well equipped to undertake foreign exchange transactions in India. Authorisations have also been granted to certain financial institutions to undertake specific types of foreign exchange transactions incidental to their main business. A list of such banks and institutions is given in the Annexure to this Chapter.