India's central bank said on Tuesday foreign investors may invest the surplus balance in their so-called "vostro" accounts ...

The Reserve Bank of India (RBI) on Tuesday said non-residents maintaining special rupee vostro accounts (SRVA) can invest ...

RBI allows non-residents with SRVAs to invest in Central Government Securities, boosting market liquidity and investor base.

The changes are in immediate effect and operational guidelines to AD Category-I banks issued by the RBI, release said.

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

RBI removes prior approval requirement for banks to open Special Rupee Vostro Accounts (SRVAs), speeding up rupee-based trade ...

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

The move is expected to enhance efficiency in cross-border transactions and promote the use of Indian currency in global ...

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, ...

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

RBI simplifies opening of Special Rupee Vostro Accounts for trade facilitation, eliminating need for prior approval.