RBI Extends the Facility of Online Submission of Form A2 to AD category-II Entities
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- Last Updated on 14 April, 2023
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Circular No. RBI/2023-24/16 A.P. (DIR Series) Circular No. 02, dated: 12.04.2023
The RBI has decided to extend the facility of online submission of Form A2 to AD Category-II entities. Earlier, the facility of online submission of Form A2 was allowed to AD banks offering Internet banking facilities to their customers. The AD Category-II entities include a) upgraded Full Fledged Money Changers (FFMCs), b) selected Regional Rural Banks (RRBs), d) Urban Cooperative Banks (UCBs) and other entities.
The AD Category-II entities shall frame appropriate guidelines with the approval of their Board within the ambit of extant statutory and regulatory framework.
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