Broker Current Affairs, GK & News
Broker
A member of a Stock Exchange who acts as an agent for clients and buys and sells shares on their behalf in the market. Though strictly a stock broker is an agent, yet for the performance of his part of the contract both in the market and with the client, he is deemed as a ..
..Read MoreRBI permits Reinsurance brokers to open Foreign Currency accounts
RBI has permitted Reinsurance brokers to open non interest bearing foreign currency accounts with banks for undertaking transactions. Earlier, the Insurance Regulatory and Development Authority of India (IRDAI) had issued notification and then RBI issued Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2015 – Opening of Foreign Currency Accounts by ..
Topics: Bank • Broker • Finance • Foreign Exchange Management Act • Insurance regulation • Insurance Regulatory and Development Authority • Legality of bitcoin by country or territory • Money