India ties up with UAE to settle trade in rupees
Bilateral trade between the two countries was $84.5bn from April 2022 to March 2023
Source: dunyanews.tv
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India, UAE Ink MoUs For Settling Trade In Domestic Currencies
The agreements were inked as Prime Minister Narendra Modi paid a visit to Abu Dhabi on Saturday for improved cooperation in areas like trade, energy and climate action.
Source: sentinelassam.com
India Ties Up With UAE to Settle Trade in Rupees
(Reuters) - India has signed an agreement with the United Arab Emirates that will allow it to settle trade in rupees instead of dollars, boosting India's efforts to cut transaction costs by
Source: tolonews.com
India, UAE sign agreements to settle trade in rupees
The MoU on using national currencies will put in place a Local Currency Settlement System (LCSS) to promote the use of the rupee and dirham. The agreement covers all current account transactions and permitted capital account transactions | Latest News India
Source: hindustantimes.com
Stanbic Slapped N120m fine for Flouting Consumer Protection Act
In a move considered a signal to all financial services providers in the country, especially banks; where the customers are often left in pickles, The Competition and Consumer Protection Tribunal (CCPT) sitting in Abuja on Thursday, July 13, 2023, has fined Stanbic IBTC Bank the sum of 120 million Naira for contravening Section 130 (1) |
Source: naija247news.com