RBI removes prior approval requirement for banks opening Special Rupee Vostro Accounts to simplify cross-border rupee trade ...

MUMBAI, August 5 (Reuters) -The Indian rupee may drop past 88 to the U.S. dollar to an all-time low on Tuesday after U.S. President Donald Trump threatened steeper tariffs on Indian goods, worsening ...

RBI simplifies SRVA opening for banks, removing prior approval requirement. This will quicken cross-border trade transactions in Indian rupees.

The RBI on Tuesday tweaked norms and allowed banks to open Special Rupee Vostro Accounts (SRVAs) of correspondent banks without its prior approval ...

Opposition Leader Mallikarjun Kharge triggered a storm in Rajya Sabha, questioning CISF presence in the House: "Are we terrorists?" He accused the government of undermining democracy. Deputy Chair ...