5 December 2022


News

Delhi HC Directs SBI to Open FCRA Accounts of NGOs Within 10 Days of Receiving Centre's Approval - 24.05.2021

Delhi High Court has directed the State Bank of India (SBI) to ensure that applications for opening the Foreign Contribution (Regulation) Act, 2010 (FCRA) account by NGOs who seek to receive foreign funds are processed at the earliest and that their bank accounts are made operational within 10 days of receiving approval from Central government.

Tags : Delhi High Court State Bank of India FCRA Accounts

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