May 18, 2024 15:31 (IST)
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RBI permits SPDs to borrow in foreign currency

RBI permits SPDs to borrow in foreign currency

Mumbai: The Reserve Bank of India (RBI) on Friday granted standalone primary dealers (SPDs) permission to borrow in foreign currency from their parent companies and authorised entities.

Bangladeshi banks to introduce India rupee transactions as foreign currency reserves fall: Report

Bangladeshi banks to introduce India rupee transactions as foreign currency reserves fall: Report

New Delhi: Two Bangladeshi banks are set to introduce trade transactions using the Indian rupee as they aim to bolster forex reserves and reduce dependence on the US dollar, Bloomberg reported.