Get Rbi Form B

This guide provides a comprehensive overview of filling out the Rbi Form B, the application for the approval of the Reserve Bank of India for the appointment or re-appointment of a Chairman (Chief Executive Officer) of a banking company. Each section will be broken down step-by-step to ensure clarity and ease of understanding.

Follow the steps to fill out the Rbi Form B effectively

1. Press the ‘Get Form’ button to access the form and open it for completion.
2. Fill in the name of the banking company in the designated field. Ensure this is the complete and official name.
3. Provide the address of the banking company. This should include the street, city, state, and postal code.
4. Enter the date of submission in the required format.
5. Address the letter to the General Manager or appropriate authority at the Reserve Bank of India.
6. Clearly state the purpose of the form, referencing Section 35B of the Banking Regulation Act, 1949.
7. Identify the competent authority responsible for the appointment or re-appointment. If applicable, include the relevant article number.
8. List the full name of the individual being appointed or re-appointed.
9. Provide their current designation.
10. Fill in the age, academic qualifications, and professional experience of the individual, specifying past positions and approximate durations.
11. Detail the terms of the appointment or re-appointment including: whether it will be under a contract, the period of appointment, and remuneration details.
12. State compliance status with the Banking Regulation Act regarding the proposed individual.
13. Clarify whether any disqualifications apply to the individual as stated in Section 10B(4) of the Banking Regulation Act.
14. Provide the company's compliance position with relevant provisions of the Companies Act, 1956.
15. Include any additional facts supporting the application.
16. After reviewing all fields for accuracy, save your changes, and choose to download, print, or share the completed form.

Complete your Rbi Form B online today for a smooth and efficient application process.