India has been trying to promote rupee trade following the Russia-Ukraine war and the sanctions imposed by the West The Reserve Bank...
As on July 23, 20 banks in India have been permitted to open SRVAs of partner banks from 22 countries. The Reserve...
The Reserve Bank of India (RBI) has granted approvals to foreign banks in 18 countries to open Vostro accounts to settle international...
New Delhi: Eight countries have opened Special Rupee vostro Account (SRVA) to facilitate overseas trade in Indian rupee. In about six months, these...
The Reserve Bank of India has allowed HDFC Bank Ltd and Canara Bank Ltd to open a special “vostro account” for trade...