Circulars

Cancellation of Authorised Dealer, Licence of INDUS Bank Ltd.

September 23, 2000
43950

All Authorised Dealers
in Foreign Exchange

Dear Sirs,

CANCELLATION OF AUTHORISED DEALER LICENCE OF INDUS BANK LIMITED

Consequent upon cancellation of licence of Indus Bank Limited to carry on banking business vide BSD Circular Letter No. 25 dated 22nd September 2000, Licences issued to all branches of Indus Bank Limited to deal in foreign exchange business are also hereby cancelled.

2. Further the name of above bank appearing at Serial No. 26 in Appendix IV (Vol. 1) of the Foreign Exchange Manual may please be treated as deleted.

3. Please bring the above changes to the notice of your constituents.

Yours sincerely,

M. R. MEHKARI
Director