Change of place of a banking company only happens with the approval of ........

Professional Legal Knowledge Banking Regulation Act

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Change of place of a banking company only happens with the approval of __________?

RBI

Government of India

Registrar

Auditor

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Explanation:

Without obtaining the prior permission of the Reserve Bank- no banking company shall open a new place of business in India or change otherwise than within the same city, town or village, the location of an existing place of business situated in India