With effect from July 11, 2022, RBI put in place an additional arrangement for invoicing, payment, and settlement of exports / imports in INR, in order to promote growth of global trade with emphasis on exports from India and to support the increasing interest of global trading community in INR. For putting in place this mechanism, AD banks shall require prior approval from the RBI. In this context, AD bank in India may open Special Rupee Vostro Accounts of correspondent bank/s of the partner trading country.
DCB Bank has received RBI approval to sell up to ________ stake in the bank to Tata Asset Management Private Limited (TAMPL).
Which organization signed an MoU with Monash University, Australia, to enhance railway engineering research and education?
K K Pant is notably recognized for his leadership at which Indian government communication organization?
Recently government sold a 1.5 per cent stake in which of the following private sector bank through the Specified Undertaking of the Unit Trust of Indi...
SIDBI has partnered with ___________ to connect the informal rural microenterprises with the formal financial sector to help them digitise their busines...
Which institute’s Energy Consortium hosted the ‘Industry Day 2023’ to discuss pathways towards decarbonising Indian Economy & launched a ‘TREND ...
Which entity successfully conducted six sequential developmental trials of the High-Speed Expendable Aerial Target (HEAT) known as 'ABHYAS'?
Which award will RRR star Ram Charan receive at the Indian Film Festival of Melbourne (IFFM) 2024?
‘Jai Hind’ – The New Light & Sound Show at Red Fort to be inaugurated by?
Regarding the Summer Fiesta 2024 at National Bal Bhavan, consider the following statements:
1. The event is designed exclusively for children ...