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(Both are covered under the term "foreign bank branch" or FBB).Foreign banks that currently operate through a deposit-taking subsidiary in Canada can maintain the subsidiary and establish a branch, or they can "convert" the existing subsidiary into an FBB.

The Virginia football team that trailed Richmond by 23 points in the fourth quarter on Sept.The information provided under this section ‘Investor Education’ is solely for creating awareness and educating investors / potential investors about Mutual Fund Schemes and for their general understanding.Whilst HDFC Mutual Fund takes reasonable steps to ensure the accuracy of all information available under this section, it does not guarantee the completeness, efficacy, accuracy or timeliness of such information.The approval procedure for a foreign bank to establish ( Each of these approvals is based on its own set of criteria, the assessment of which will be performed on the basis of a single application administered by OSFI.The Minister's decision to issue an order pursuant to sub-section 524(1) of the Where the applicant currently operates a deposit-taking subsidiary in Canada, the application and assessment process may be streamlined, where possible.