Why did the Reserve Bank of India (RBI) authorize banks to open additional current accounts for export proceeds in July 2022?
The Reserve Bank of India (RBI) has permitted banks to open additional current account for exports proceeds in addition to special rupee vostro accounts with a view to provide greater operational flexibility to exporters. In July 2022, the RBI had asked banks to put in place additional arrangements for export and import transactions in Indian rupees in view of increasing interest of the global trading community in the domestic currency.
The State Forest department, Green people society and WWF has organized the bird festival in ?
Who embarked at sea to witness the Indian Navy’s ability to conduct 'twin-carrier operations' during the inaugural session of the first edition of the...
In which state does IOCL have started the Rapid TB Eradication Project along with the state Uttar Pradesh?
What is the purpose of REC Limited signing a 200 million Euro loan agreement with the German bank KfW?
What is the fiscal deficit at the end of October 2023 as a percentage of the full-year budget estimate?
What is the purpose of Operation Ajay launched by India?
What is the focus of the partnership between Nokia and the Indian Institute of Science (IISc)?
Which of the following system enabling the citizens of the country to utilize any ATM of a connected bank?
What is the penalty amount imposed by the Reserve Bank of India (RBI) on Paytm Payments Bank for non-compliance with KYC directions, cybersecurity guide...
Recently, GST Council has decided to generate GST e-invoices for B2B transactions for those GST-registered businesses with annual turnover of more than...
