Explained | Vostro accounts and how they facilitate trade

Explained | Vostro accounts and how they facilitate trade

Only for representative purposes | Photo Credit: Getty Images The story so far: Last week, government officials informed that 20 Russian banks, including Rosbank, Tinkoff Bank, Centro Credit Bank and Credit Bank of Moscow have opened Special Rupee Vostro Accounts (SRVA) with partner banks in India. All major domestic banks have listed their nodal officers […]

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