RBI takes steps to boost rupee in global trade, allows banks to open INR A/Cs overseas for NRIs – Services For NRI

RBI takes steps to boost rupee in global trade, allows banks to open INR A/Cs overseas for NRIs

The RBI has liberalised FEMA regulations to boost the Indian Rupee (INR) for cross-border transactions, facilitating INR accounts for non-residents, enabling INR transactions between non-residents, supporting foreign investment, and offering flexibility for exporters. https://www.cnbctv18.com/economy/rbi-steps-to-boost-rupee-in-global-trade-allows-banks-to-open-inr-acs-overseas-for-nris-19541764.htm

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