At the time of making applications, the Promoters/Promoter Group will have to furnish a road map and methodologies they would adopt to comply with all the requirements of the corporate structure indicated in para 2 (C)(ii) and (iii) of the guidelines and realign the business between the entities to be held under the NOFHC [para 2(C)(iv) of the guidelines] within a period of 18 months. After the ‘in-principle approval’ is accorded by RBI for setting up of the bank, the actual setting up of NOFHC and the bank, re-organization of the Promoter Group entities to bring the regulated financial services entities under the NOFHC as well as realignment of business among the entities under the NOFHC have to be completed within a period of 18 months from the date of in-principle approval or before commencement of banking business, whichever is earlier.

On maturity, the Gold Bonds shall be redeemed in Indian Rupees and the redemption price shall be based on simple average of closing price of gold of 999 purity of previous 3 business days from the date of repayment, published by the India Bullion and Jewelers Association Limited.

Ans. LLP is a body corporate and has a legal entity separate from its partners. Therefore, if the LLP incurs/sponsors the education expense of its partners who are pursuing higher studies for the benefit of the LLP, then the same shall be outside the LRS limit of the individual partners and would instead be deemed as residual current account transaction undertaken by the LLP without any limits.

Ans: Currently, 15 banks are offering CBDC wallets. The name and the link for downloading the apps is mentioned below.

Pilot Banks	Name of the App	Android	iOS
SBI	eRupee by SBI	Android	iOS
ICICI Bank	Digital Rupee by ICICI Bank	Android	iOS
IDFC First Bank	IDFC First Bank Digital Rupee	Android	iOS
YES BANK	Yes Bank Digital Rupee	Android	iOS
HDFC Bank	HDFC Bank Digital Rupee	Android	iOS
Union Bank of India	Digital Rupee by UBI	Android	iOS
Bank of Baroda	Bank of Baroda Digital Rupee	Android	iOS
Kotak Mahindra Bank	Digital Rupee by Kotak Bank	Android	iOS
Canara Bank	Canara Digital Rupee	Android	iOS
Axis Bank	Axis Mobile Digital Rupee	Android	iOS
IndusInd Bank	Digital Rupee by IndusInd Bank	Android	iOS
PNB	PNB Digital Rupee	Android	iOS
Federal Bank	Federal Bank Digital Rupee	Android	iOS
Karnataka Bank	Karnataka Bank Digital Rupee	Android	iOS
Indian Bank	Indian Bank Digital Rupee	Android	iOS

No. There is no charge or fee for a customer of the RE for filing or for resolving complaints under the RB-IOS, 2021. Further, complainants need not approach any third-party agency to file a complaint with RBI Ombudsman or pay any fee. Complainants can register their complaints by themselves or through a representative through any of the modes mentioned in Question 16 absolutely free of cost.

Ans.: Yes, it is the amount actually received (realised) during the reference period including the billing to subsidiaries/associates abroad.

उत्तर. होय. १ जुलै २०११ पासून एटीएमचा व्यवहार अयशस्वी झाल्याबद्दल तक्रार दाखल केल्याच्या तारखेपासून ग्राहकाच्या खात्यात पुन्हा रक्कम जमा करण्यास कामकाजाचे ७ दिवसांपेक्षा जास्त विलंब झाल्यास कार्ड जारी करणाऱ्या बँकेला प्रत्येक दिवसासाठी रु.१००/- इतकी भरपाई द्यावी लागते. ग्राहकाने कोणताही दावा न करता भरपाईची ही रक्कम ग्राहकाच्या खात्यात जमा करावी लागते. परंतु, भरपाई मिळण्यास पात्र होण्यासाठी ग्राहकाने व्यवहार केल्यापासून 30 दिवसाच्या आत तक्रार दाखल करावी लागते.

Answer: As the transactions will be settled in INR, it will reduce the exchange rate risk for the Indian exporters and importers.

Ans. V-CIP may be used for carrying out the following processes:

1. to undertake CDD in case of onboarding a new individual customer, proprietor in case of proprietorship firm, authorised signatories and beneficial owners in case of Legal Entity customers;
2. to convert existing account opened in non-face-to-face mode using Aadhaar OTP based e-KYC authentication; and
3. for updation/ periodic updation of KYC records of eligible customers.