The Reserve Bank of India (RBI) has announced that persons resident outside India who hold special rupee vostro accounts for ...

In simple terms, foreign banks that hold rupees for trade can now invest those funds in Indian government bonds instead of ...

RBI eases rupee-rouble trade rules with Russia to bypass dollar, speed settlements, and cut costs amid tariff tensions. | One ...

Soon, the time period for the clearance of cheques will drop from up to two working days to just a few hours, following the introduction of a new mechanism by the Reserve Bank of India. The new system ...

Wang Yi's visit to India for border discussions with Ajit Doval and Jaishankar's subsequent Moscow trip are crucial for India’s relations with China and Russia.

The Reserve Bank of India has made it easier for foreign banks to put their extra rupees to work. These rupees sit in something called a special rupee vostro account, a type of account held by an ...

Amid growing interest in rupee-rouble transactions, the Reserve Bank of India has simplified rupee trade settlements with ...

New Delhi [India], August 13 (ANI): The Reserve Bank of India (RBI) has permitted persons resident outside India holding ...

The Reserve Bank of India (RBI) has permitted persons resident outside India holding Special Rupee Vostro Accounts (SRVAs) to invest their surplus rupee balances in central government securities, ...

RBI permits non-resident Vostro account holders to invest surplus rupee funds in Central Government Securities, aiming to boost international trade ...

A host of measures have been taken by govt and RBI in recent days to ease rupee-rouble trade. TOI takes a look at the ...

A senior trade and investment official has called India's latest rupee trade reform a“game changer” that will deepen economic ...