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Tag: empowering banks

RBI proposes rationalising regulations on export, import transactions

Posted on July 2, 2024 By admin
RBI proposes rationalising regulations on export, import transactions

Photo used for representation purpose only. | Photo Credit: Reuters The RBI on July 2 proposed rationalising regulations that cover export and import transactions with an aim to promote ease of doing business and empower banks to provide more efficient service to their foreign exchange customers. The central bank has issued ‘Regulation of Foreign Trade…

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