All posts tagged "rupee trade"
-
567BUSINESSRBI allows banks from UK, 17 other countries to open Vostro accounts for rupee trade
The Reserve Bank of India (RBI) has granted approvals to foreign banks in 18 countries to open Vostro accounts to settle international...
-
352BUSINESSEight countries open 50 special rupee vostro accounts in 6 months to trade in INR
New Delhi: Eight countries have opened Special Rupee vostro Account (SRVA) to facilitate overseas trade in Indian rupee. In about six months, these...
-
867BUSINESSBanks to name nodal officers for ‘rupee trade’
The finance ministry has asked all banks to nominate nodal officers, who would act as a single point of contact for exporters...
-
972BUSINESSBanks looking at possibility of rupee trade with Bangladesh, African nations
Union Bank of India has opened a special rupee account of Ros Bank Russia while Chennai-based Indian Bank has opened such accounts...
-
282BUSINESSHDFC Bank, Canara Bank get approval for rupee trade with Russia: Report
The Reserve Bank of India has allowed HDFC Bank Ltd and Canara Bank Ltd to open a special “vostro account” for trade...
