Search For "special rupee vostro"
India, Russia continue to work together to promote mutual trade in nationa
Updated : 3 months, 1 week ago IST
India and Russia are actively working "to promote mutual trade" using their national currencies, Foreign Secretary Vikram Misri said, highlighting efforts to address trade imbalances and strengthen economic ties.
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RBI allows investment of surplus rupee balances in special vostro accounts
Updated : 7 months ago IST
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, including treasury bills
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RBI eases norms for trade in Indian rupee, removes approval requirement fo
Updated : 7 months, 1 week ago IST
In a significant move aimed at further facilitating trade in Indian Rupees, the Reserve Bank of India (RBI) has simplified the procedure for opening Special Rupee Vostro Accounts (SRVAs).
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India exploring trade in local currencies with Tanzania
Updated : 2 years, 5 months ago IST
India is exploring trade in local currencies with Tanzania, said Dammu Ravi, Secretary (Economic Relations) in the Ministry of External Affairs said on Monday, at a presser.
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India-Saudi start discussions on trading in national currencies: MEA
Updated : 2 years, 6 months ago IST
In recent times, India has taken substantial steps to promote the usage of its national currency, the Indian rupee, in international transactions. Collaborating with banks from 22 different countries, India has established special rupee vostro accounts in domestic banks, facilitating trading
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Rupee goes international - Journey of Indian currency since 1947
Updated : 2 years, 7 months ago IST
Banks from 22 countries have opened special Rupee vostro accounts in Indian banks in order to trade in local currency as part of gradual de-dollarisation plans, the Parliament was informed during the just concluded monsoon session of Parliament.
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Rupee goes international - Journey of Indian currency since 1947
Updated : 2 years, 7 months ago IST
Banks from 22 countries have opened special Rupee vostro accounts in Indian banks in order to trade in local currency as part of gradual de-dollarisation plans, the Parliament was informed during the just concluded monsoon session of Parliament.
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22 countries opened special bank accounts in India to trade in Rupee: Mini
Updated : 2 years, 7 months ago IST
Banks from 22 countries have opened special Rupee vostro accounts in Indian banks in order to trade in local currency as part of gradual de-dollarisation plans, the Parliament was informed on Friday.
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"Payments issue needs to be worked through": Jaishankar on Rupee Vostro Ac
Updated : 2 years, 11 months ago IST
Jaishankar spoke about the expansion of the correspondent relationship network under International Trade Settlement in Indian Rupees through Special Rupee Vostro Account system.
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