AU Small Finance Bank on Wednesday said it has received permission from Reserve Bank of India to deal in foreign exchange. Reserve Bank of India […]
Tag: Foreign Exchange
Bank of Baroda stops clearing payment for above-cap Russian oil
India’s Bank of Baroda has stopped clearing payments for Russian oil sold above the price cap set by the West from this month, three sources […]
HC grants time to RBI to respond to PIL on uniform banking code for foreign exchange transactions
The Delhi High Court Monday granted six more weeks’ time to the Reserve Bank of India (RBI) to respond to a PIL seeking implementation of […]
Govt to allow foreign funds to own over 51% in IDBI Bank
The Indian government will allow a consortium of foreign funds and investment firms to own more than 51% in IDBI Bank Ltd, according to a […]