Rbi eases norms for forex transactions. The Reserve Bank of India (RBI) has further relaxed the foreign exchange norms for resident individuals. RBI eases forex rules, permits residents to withdraw up to $ TNN|. Sep 12, Last week, it relaxed the rules relating to the foreign exchange transactions by residents in India. Under the.

Rbi eases norms for forex transactions

RBI Concerned By Rising Forex Inflows

Rbi eases norms for forex transactions. Resident individuals may get to transfer money to London with the same ease as transferring money to Patna, and they could include non-resident close relatives as joint holders in their resident bank accounts, as per the suggestions of an RBI committee. The report of the RBI's 'Committee to review the.

Rbi eases norms for forex transactions


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International Business World News. NIFTY 50 10, Drag according to your convenience. RBI has been progressively easing foreign exchange regulations and simplifying procedures relating to remittances. Last week, it relaxed the rules relating to the foreign exchange transactions by residents in India. RBI has now decided to reduce the minimum period for repayment of such loans to one year.

The relaxation, it is felt, will improve the prospects for Indian professionals who serve an international clientele. The British designers revolutionising the shoemaking indus.. Chanda Kochhar's daughter Aarti set to marry beau Aditya. Maldives falls for China 'debt trap', worry for India. It's not business as usual for Gujarat Inc.

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