Reserve Bank of India (RBI) has permitted 20 banks operating in the country to open 92 Special Rupee Vostro Accounts (SRVAs) of partner banks from 22 countries including Bangladesh, Belarus, Botswana, Fiji, Germany, Guyana and Israel, as part of efforts to promote bilateral trade in local currencies. Other countries are Kazakhstan, Kenya, Malaysia, Maldives, Mauritius, Myanmar, New Zealand, Oman, Russia, Seychelles, Singapore, Sri Lanka, Tanzania, Uganda, and United Kingdom.
Minister of St...
RBI permits banks to open Vostro Accounts from 22 countries to promote bilateral trade in rupee
The eagerly anticipated North East Festival, the largest and liveliest festival in the capital, will take place in Delhi from December 23 to 26 at Jawaharlal Nehru Stadium (gate no. 14). The ninth North East Festival has a lot to offer, including exhibitions, book launches, B2B meetings, and a variety of cuisine, craft, and cultural events.
Narayan Rane, Minister of Micro, Small and Medium Enterprises of India, who is going inaugurate North East Festival, said: "North East Festival, a...
Experience a melange of cultures
