OBS_VALUE: Foreign banks which have commenced banking business in India after August 2010 or foreign banks which are not at present carrying on banking business in India but wish to do so in the future shall carry on banking business in India only through a wholly owned subsidiary, if any of the matters as described hereunder are applicable:a) Banks incorporated in a jurisdiction having legislation giving a preferential claim to deposits of home country in a winding up proceedings; Banks that do not have adequate disclosure requirements in their home jurisdiction; Banks with complex structures; Banks which are not widely held; Reserve Bank of India is not satisfied with the adequacy of supervisory arrangements (including disclosure arrangements) and market discipline in the country of their incorporation; and for any other reason that the Reserve Bank of India considers necessary for subsidiary form of presence of the bank; orb) If a foreign bank, which has set up its presence in India through branch mode after August 2010, is considered by RBI as being systemically important by virtue of the size of its business. A foreign bank operating under branch mode of presence in India would be considered to be systematically important once its assets in Indian books (on balance sheet and credit equivalent of off-balance sheet items) become 0.25% of the total assets (inclusive of credit equivalent of off-balance sheet items) of all scheduled commercial banks in India as on March 31 of the preceding year.