Rupee: Banks from 18 countries would trade in rupee, RBI permits 30 vostro accounts
New Delhi March, 16: After more than a year of approving two Russian banking sector giants, namely Sberbank and VTB Bank, to trade in rupees, the RBI has made significant progress, as now a total of 30 banks from overseas have the apex bank’s backing to open Special Vostro Rupee Accounts (SVRAs), adding 17 more […]