OBS_VALUE: <ul><li><a href=https://www.indiacode.nic.in/bitstream/123456789/1885/1/A194910.pdf target=_blank>THE BANKING REGULATION ACT, 1949(Act No. 10 of 1949, last amended on 7 January 2013, Section 22)</a></li><li><a href=https://www.rbi.org.in/Scripts/bs_viewcontent.aspx?Id=2758 target=_blank>Reserve Bank of India Scheme for Setting up of Wholly Owned Subsidiaries by Foreign Banks in India(6 November 2013, last accessed in November 2016, Part 3)</a></li><li><a href=https://rbi.org.in/scripts/bs_viewcontent.aspx?Id=2651 target=_blank>Guidelines for Licensing of New Banks in the Private Sector(last accessed in November 2016, Parts 3 and 4)</a></li></ul>