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RBI moots steps for faster cross-border inbound payments
Financial Express Chennai
|October 30, 2025
THE RESERVE BANK of India (RBI) on Wednesday issued draft guidelines to streamline the process of cross-border inward payments. It intends to minimise delays in crediting funds to beneficiaries once the money arrives at the bank.
The RBI aims to bring efficiency in cross-border payments, aligning with the G20 road map. “One of the challenges with speed of cross-border payments is the delay between the receipt of the payment at the beneficiary bank and credit to the benefi
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