Posted inRBI Announcements
RBI Updates Special Rupee Vostro Account Rules
RBI consolidates Special Rupee Vostro Account rules into one circular, simplifying INR trade settlement for AD banks effective July 17, 2026.
Posted inRBI Announcements
RBI Updates UNSC Al-Qaida Sanctions List Entry
RBI directs banks to act on the latest UNSC Al-Qaida sanctions list update, amending the entry for Ugandan national Hamidah Nabaggala.
Posted inRBI Announcements
RBI Eases FEMA Reporting Rules for Forex Dealers
RBI has simplified FEMA reporting requirements for forex dealers, scrapping several legacy returns and easing write-off approval rules from June 2026.