Saturday, April 4, 2020

COVID-19: RBI allows Foreign Inward Remittances from Non-Residents to PM-CARES Fund

The Reserve Bank of India ( RBI ) has allowed the foreign remittances from Non-Residents to PM-CARES Fund to fight against the COVID-19 pandemic. The RBI has directed Authorised Dealer Category – I (AD Cat – I) banks is invited to Paragraph 4 of the Master Direction – Opening and Maintenance of Rupee/Foreign currency Vostro Accounts […]

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