Poonawalla fincorps
Poonawalla fincorps

RBI Requirements for adjustments of debtors

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(Querist)
08 December 2010 can any one explain RBI requirements for setting off by debtors with the creditors?
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CA. Anuj Gupta

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CA. Anuj Gupta (Expert)
10 March 2011 There is no RBI requirement rather RBI doesn't permit the same.

You need to take specific approval from RBI for the same.

Anuj
9810106211

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