• bilateral trade India
• cross-border transactions
• de-dollarization
• forex risk reduction
• Indian economy boost
• INR global trade
• NRI remittances
• RBI policy update
• rupee settlements
• Special Rupee Vostro Accounts

RBI’s Game-Changing Move: Opening Special Rupee Vostro Accounts Just Got Easier

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  admin / 3 months
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• 4 min read

RBI’s Game-Changing Move: Opening Special Rupee Vostro Accounts Just Got Easier – Paving the Way for De-Dollarization and Stronger INR in Global Trade In a major boost to India’s international trade ambitions, the Reserve Bank of India (RBI) has simplified the process for opening Special Rupee Vostro Accounts (SRVAs). Effective immediately, Indian banks no longer […]