New Delhi: The first tranche of Sovereign Gold Bond (SGB), initiated in 2015 is due for redemption on on November 30, 2023,...
The union finance ministry will meet banks on December 5 to discuss international trade settlement in rupees, sources privy to the development...
India has given nine banks approval to open “vostro” accounts to help facilitate trade in rupees with Russia, federal trade secretary Sunil...
Before putting in place this mechanism, banks will require prior approval from the Foreign Exchange Department of the Reserve Bank of India...