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RBI Stands for Reserve Bank of India. RBI is the central bank of India and they supervise the banking operations in the country. They do not provide banking accounts to individuals or company's
So, the answer to your question is - No, you cannot open a current account for your company at RBI.
What else can I help you with?
What is difference between current account and capital account?
Current account shows current year current year transactions and capital account shows both current transactions relating to businessman and initial capital of businessman.According to FEMA Act 2000, "There is no restrictions on holding or exchanging of foreign currency under Current Account . But Any foreign currency is under capital account , then it must be controlled under the regulations of RBI."In partnership , partners can make current account separately from capital account in which they can show only their salary, interest on capital and interest on drawing etc. and in capital account, they can show only their capital invested in the business of partnership.USA has divided export and import transactions into 2 accounts: One is the current account and other is the capital account. The current account includes in international trade in goods and services and with earnings on investments. The capital account includes of capital transfers and the acquisition and disposal of non-produced, non-financial assets.In general Current account is used for receipt and payment cash and non capital items and capital account is used for sources and utilization of capital.
What is CLR in banking system?
cash liquidity ratio which a bank has to maintain in RBI account all the time
What cot code while transferring amount through RBI to any bank account?
whate is cot code
Is Riddance Quasi Bank Registered by RBI?
No
Which agency is responsible to compute national Income?
RBI
What is the RBI price on coal on 28 November 2008?
what is the current RBI price on coal what is the current RBI price on coal
What is the current CRR declared by rbi?
the current CRR declare by RBI is 6%.2011
Who can open an account in RBI?
RBI is the regulator or supervisors of banking operations in India. Individuals cannot have bank accounts with them. Only banks that are authorized to provide banking services in the country are allowed to have accounts with the Reserve Bank
Who is Current rbi Governor?
Sir Osborne Smith
In actionallstars is RBI baseball open?
It open's on July 14
Who is the current CEO of RBI?
chanda coachar
Can anybody open a saving account in RBI?
RBI does not give savings accounts. It is the banker of banks or the central bank of india. Regular banks in india will offer you savings accounts and the interest rate offered currently is 4% per annum.
When will rbi dispense with dormant account charges in Indian banking scenario?
rbi is yet to think of constituting a committee to find what dormant account maintenance charges are and how it impacts a depositor.
What is the current base rate fixed by RBI?
6%
Who carries out open market operation in India?
rbi
Which company introduced the'know your customer' scheme?
RBI
Who controls the finances of a public limited company?
rbi
