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RBI to speed up rupee globalisation, roll out series of reforms this fiscal

The Reserve Bank of India (RBI) is intensifying efforts to internationalize the Indian Rupee (INR) by making regulatory changes for non-residents and enhancing the appeal of the GIFT City as an international financial center. The RBI plans to liberalize regulations related to INR accounts for non-residents and allow them to open rupee accounts outside India. ....

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RBI to boost rupee's internationalisation, liberalise norms for non-residents

The Reserve Bank of India (RBI) is intensifying efforts to internationalize the Indian Rupee (INR) by making regulatory changes for non-residents and enhancing the appeal of the GIFT City as an international financial center. The RBI plans to liberalize regulations related to INR accounts for non-residents and allow them to open rupee accounts outside India. ....

Foreign Exchange Management Act , Foreign Exchange Management Manner Of Receipt , International Financial Services Centre , Money Transfer Service Scheme , Asian Currency Union , Foreign Exchange Management Deposit Regulations , Reserve Bank , Indian Rupee , Foreign Exchange Management , Might Also Like , Liberalised Remittance Scheme , Rupee Drawing ,

RBI allows opening of rupee accounts outside India in strategic move

RBI focuses on synchronizing FEMA framework, liberalizing ECB, and internationalizing INR in strategic action plan for 2024-25. ....

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RBI to permit opening of rupee account outside India: Report | Indiablooms - First Portal on Digital News Management

Mumbai/IBNS: The Reserve Bank of India (RBI) on Thursday announced to permit the opening of rupee accounts outside India as part of its strategic action plan to internationalise the domestic currency, reports said. ....

Liberalised Remittance Scheme ,

RBI imposes monetary penalty on SBM Bank (India)

RBI imposes monetary penalty on SBM Bank (India)
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