Question
So far how many indigenous banks have got approval from
the Reserve Bank of India (RBI) to open a special Vostro account for trade in rupees and both the approvals are for trade with Russia?Solution
So far five Indian banks — UCO Bank, Union Bank, and IndusInd Bank being the other three — have received regulatory clearance for such trade. This apart, two Russian banks — Sber Bank and VTB — have the RBI’s approval. Both have branches in India.
Which of the following Articles of the Constitution of India adopted Hindi in Devanagari script as the official language of the Union?
IREDA has collaborated with ________ to explore opportunities on financing of renewable energy and green hydrogen projects in India.
What penalty amount did RBI impose on Indian Bank for regulatory non-compliance in 2025?
SBI lists $300 million via _______based Formosa Bonds on India INX?
Who was crowned Miss Grand International 2024?
Consider the following statement about 28th Edition of Status Report on India’s External Debt:
I. External Debt Management Unit (EDMU) work...
Which of the following is correct about RBI's Unified Lending Interface (ULI)?
Recently the sideline event of COP 27 named Mangrove Alliance for Climate (MAC) was held on which of the following city?
Under which classification is the Sagarmala Finance Corporation Limited (SMFCL) categorized as a CPSE?
Why did the Reserve Bank of India (RBI) cancel the licence of Shankarrao Pujari Nutan Nagari Sahakari Bank Limited?