RBI has issued new circular regarding foreign accounts trasacting in India.

January 30, 2012 · By admin

RBI has issued new circular regarding foreign accounts trasacting in India.

January 30, 2012 · By admin

Dear SpeakAsian,

RBI has redesigned its policy for the foreign account holder to transact in Rupees on today. It is a very good sign towards our operations.

Check it - http://www.rbi.org.in/scripts/NotificationUser.aspx?Id=6970&Mode=0

Memorandum of Instructions for Opening and Maintenance of Rupee / Foreign Currency Vostro Accounts of Non-resident Exchange Houses.

I think its good news for all speakasian’s.

-Shared by Sharma Madan Lal

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