Additionally, the RBI has entered into Local Currency Settlement System (LCSS) arrangements with select trade partners-UAE, ...

The sordid saga of this bank’s derivative trading losses has seen the exit of top executives after new relevations from Grant ...

Concerns were raised about IndusInd Banks alleged lending and risk-management practices, as well as its disclosures. There ...

Exporters urge RBI to promote rupee trade settlement and ease credit access, citing benefits like forex savings and ...

Should the resignation of senior bankers on moral grounds draw the curtains on mismanagement and accounting discrepancies?

In 2023, the RBI permitted banks operating in the country to open Special Rupee Vostro Accounts (SRVAs) of partner banks from ...

Apex exporters' body FIEO has urged the RBI to publicly share information on banks offering the rupee trade settlement system ...

FIEO seeks public disclosure of banks offering the rupee trade settlement system (SRVA) to boost its usage and address ...

The Federation of Indian Export Organisations (FIEO) urges the Reserve Bank of India to publicize information about banks ...

Even if US indicators are a mixed bag for now, there are straws in the wind to suggest that the Trump administration’s ...

India's central bank has sought the government's approval to remove the cap on foreign banks with so-called vostro accounts ...