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FCRA accounts | Will act within 7 days of request, says Union Home Ministry
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NGOs say opening an account with SBI in Delhi is a seven-step process.
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NGOs say opening an account with SBI in Delhi is a seven-step process.
The Ministry of Home Affairs (MHA) informed the Delhi High Court on Thursday that it would release authorisation certificates to operationalise the FCRA (Foreign Contribution [Regulation] Act) bank accounts of non-government organisations (NGOs) within seven days of receiving a request.
The court was hearing a petition moved by 10 NGOs that their foreign contribution account in the State Bank of India’s main branch in Delhi be operationalised.