New set-up

Global Administrative Office

Regional headquarters and coordination office for a bank

In brief

What global administrative office means here

A Global Administrative Office lets a banking group run regional coordination, control and administrative functions from the zone without taking deposits or booking assets. Multilateral development institutions use a comparable permission for their India presence.

Applicable regulation

IFSCA framework for Global Administrative Offices under the banking regulations.

Scope and commercials are confirmed in writing after a scope review.

Already registered

Entities registered in global administrative office

Names as published in the live register, refreshed automatically. Names only — no registration numbers.

  • First Rand Bank Limited
  • New Development Bank
  • SBI (GAO)

Interested in set-up?

Check your fit for global administrative office.

Nine short questions on permitted activity, registrations, legal form, regulators, net worth and fees. Our expert covers whatever you are unsure about.