DFS Secretary chairs Inter-Departmental Committee meeting to consider foreign banks' proposals

New Delhi [India], January 2 (ANI): The Secretary of the Department of Financial Services, M Nagaraju, chaired the Inter-Departmental Committee (IDC) meeting on Friday to consider proposals received from the Reserve Bank of India regarding foreign banks seeking to open branches, representative offices, or subsidiaries in India.

It was attended by member ministries or departments, i.e., the Ministry of Home Affair