Frequently Asked Questions

  •  Whether an AIS officer can stand surety / guarantee to a loan being taken by his/her spouse or any other family members for business purpose?


             The Members of the AIS should not stand guarantee / surety for loans taken by their relatives for business purposes as in this way indirect interest in business and financial commitments are created attracting the provisions of Rules 13 and 15 of the AIS (Conduct) Rules 1968.  

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