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Growth expected to exceed 7 per cent in 2022-23: RBI Governor Das

Reserve Bank Governor Shaktikanta Das on Wednesday said the growth for 2022-23 is expected to be more than the advance estimate of 7 per cent on the back of economic momentum maintained in the third and fourth quarters of the last fiscal.

New delhiWest bengalFirst bankCentral bank digital currencyNational statistical officeUnion bankBank governor shaktikanta das onKotak mahindra bankBank governor shaktikanta dasAnnual estimatesReserve bankVostro accountState bankYes bank

Exporters seek three-month transition time for new FTP

Exporters believe this will allow them to settle their existing contracts under the old policy

Sri lankaSri lankanSanjay budhiaAjay sahaiNational committee onFederation of indian export organisationsIndian export organisationsForeign trade policyFtp iranNew delhiIndian exportersTransition periodPrevious policyFive year policyPandemic induced restrictionsGlobal uncertainty

Multiple Banks Open Special Vostro Accounts For Trade In Rupee

"As of now there are 20 banks which have opened a special rupee vostro account," Director General of Foreign Trade (DGFT) Santosh Kumar Sarangi said.

Sri lankaSunil barthwalUco bankDepartment of financial servicesForeign tradeSantosh kumar sarangiFinancial servicesSecretary sunil barthwalKolkata based ucoVostro accountSpecial rupee

RBI sets up rupee payment mechanism for global trade

RBI sets up rupee payment mechanism for global trade

Foreign exchange managementForeign exchange management deposit regulationsForeign exchange departmentForeign exchange management actRupee vostroSpecial rupee vostro accountsSpecial vostroUniform customsDocumentary creditsRupee paymentMaster directionSpecial vostro accountsSpecial rupee vostroVostro accountHigh riskNon co operative jurisdictions

Ruppees Global Showdown

The RBI declared a preparation for domestic traders to resolve imports and exports in rupees. The central bank.

Madan sabnavisForeign exchange managementForeign exchange management deposit regulationsCentral office at mumbaiForeign exchange department of reserve bankUs office of foreign assets controlIssue of bankFederation of indian export organisationsCategoryi authorised dealerForeign exchange departmentReserve bankCentral officeRupee vostroSpecial rupee vostro accountsSpecial vostroUniform customs

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