• Home
  • Business
business rbi seeks lifting cap on vostro accounts investments to push rupee denominated trade sources say

Rbi Seeks Lifting Cap On 'vostro' Accounts Investments To Push Rupee-denominated Trade, Sources Say

12hrs 5mins   👁 8

The Reserve Bank of India (RBI) is seeking government approval to eliminate the 30% cap on foreign banks using vostro accounts to purchase short-term sovereign debt. This move aims to boost rupee-denominated investments and trade by making SRVAs more attractive for managing short-term liquidity.

Click Here To Visit Source
Recommended For You
US Presses for Google to Share Data by C
US Presses for Google to Share Data by Citing Yaho
NY Says Impasse Reached Over Congestion
NY Says 'Impasse' Reached Over Congestion Pricing
NYC Real Estate Industry Asks Judge to B
NYC Real Estate Industry Asks Judge to Block New B
DOJ Asks Federal Judge to Break Up Googl
DOJ Asks Federal Judge to Break Up Google's Ad-Tec
Saharas shadow The spectacular unravelli
Sahara's shadow: The spectacular unravelling of Su
Cuomo Holds 3 Million of Undisclosed Opt
Cuomo Holds $3 Million of Undisclosed Options in N
Warburg Pincus may double its returns fr
Warburg Pincus may double its returns from its six
NFO Alert Groww Mutual Fund expands offe
NFO Alert: Groww Mutual Fund expands offerings wit
NFO Update ICICI Prudential Mutual Fund
NFO Update: ICICI Prudential Mutual Fund launches
Robust regional connectivity to boost In
Robust regional connectivity to boost India Middle
RBI data Rs 2000 notes worth Rs 6266 cr
RBI data: Rs 2000 notes worth Rs 6,266 cr still in
Gold loans double in FY25 despite slowdo
Gold loans double in FY25, despite slowdown in ban