RBI Caps Forex Positions at $100 Million to Curb Speculation
New Delhi: The Reserve Bank of India (RBI) has capped lenders’ net open positions in the rupee at $100 million ...
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Tag: Forex
RBI Prescribes Norms for Small Finance Banks Looking to Deal in Forex
Criteria for entering the forex business include profit in the preceding two years and net NPAs not being more than ...
Forex measures should positively impact flows
Economic Affairs Secretary Ajay Seth said that the measures announced by the Reserve Bank of India (RBI) to boost foreign fund inflows should ...
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