Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Whether overseas branches of the banks can make donations abroad?

April 26, 2017abroad Banks branches DONATIONS overseas

0

Posted

Whether overseas branches of the banks can make donations abroad?

1 Answer

0

Posted

Yes, the overseas branches of the banks can make donations abroad, provided the banks do not exceed the prescribed ceiling of one per cent of their published profit of the previous year. VI.