The Reserve Bank of India (RBI) has introduced a series of regulatory amendments to encourage the use of the Indian Rupee in ...
RBI amends FEMA regulations to boost cross-border transactions in INR and local currencies amid economic challenges.
The Reserve Bank of India (RBI) on Thursday announced the issuing of revised Federal Emergency Management Agency (FEMA) regulations to permit more liberal use of INR accounts held by NRIs to make ...
The move is significant as the Rupee continues to weaken against the Dollar. Currently, it is hovering at a lifetime low due ...
The Reserve Bank of India, in collaboration with the central government, has reviewed current regulations under the Foreign Exchange Management Act, 1999.
MUMBAI: With the rupee under intense pressure against the dollar, the Reserve Bank of India (RBI) has further liberalised the Fema (foreign exchange management) rules to encourage its use to settle ...
Steps to encourage use of Indian Rupee and local / national currencies for settlement of cross border transactions – ...
The Reserve Bank of India (RBI), in consultation with the Central government, has undertaken a further review of the existing ...
Reserve Bank of India (RBI) has liberalised the extant Foreign Exchange Management Act (FEMA) 1999, facilitating rupee ...
The RBI has liberalised FEMA regulations to boost the Indian Rupee (INR) for cross-border transactions, facilitating INR ...
The central bank said it will hold open market operations for up to Rs600bn (US$6.93bn) in three tranches of Rs200bn each on January 30, February 13 and February 20 ...
The Reserve Bank of India (RBI) has introduced new regulations to promote the use of the Indian Rupee and other national ...