Some of the Russian money is invested in Indian securities, but most of it remains in…
Tag: Vostro accounts
RBI Permits Banks To Open Vostro Accounts From 22 Countries For Trade In Rupee
New Delhi: The Reserve Bank has permitted 20 banks operating in the country to open 92 Special…
Explained | Vostro Accounts and How They Facilitate Trading
For representative purposes only. Photo Credit: Getty Images the story So Far: Last week, government officials…
Russian banks open special Vostro accounts for foreign trade in rupee after RBI approval
Image Source: AP representative image Highlight Russia’s Sberbank and VTB Bank get RBI nod to facilitate…