UCO Bank has opened four special rupee vostro accounts and has received permission from the Reserve ..
India and Malaysia can settle their trade in Indian rupee through an operational mechanism facilitat..
The government and the central bank are in discussion with South Asian countries to have cross-borde..
The Reserve Bank of India (RBI) has allowed private lender HDFC Bank and state-run Canara Bank to op..
The Reserve Bank of India (RBI) has asked banks to put in place a mechanism to settle international ..
Post sanctions, Indian banks will have to deal with smaller Russian banks to route transactions, a s..
