Intentar ORO - Gratis
RBI Eases Rules for NRIs to Open Overseas Rupee Accounts
Hindustan Times Bengaluru
|January 17, 2025
Non-Residents Can Now Settle Transactions With Other NRIs Abroad Using the Balances in Their Rupee Accounts
MUMBAI: Non-residents will now be able to open rupee accounts in the overseas branches of India-registered authorised dealer banks and conduct cross-border transactions in rupees as the central bank eased rules in a move aimed at internationalisation of the local currency.
The Reserve Bank of India (RBI), in consultation with the Union government, has undertaken a further review of the existing regulations issued under the Foreign Exchange Management Act 1999 (Fema) "to promote cross-border transactions in INR and local and national currencies", said a statement by the central bank on Thursday.
Esta historia es de la edición January 17, 2025 de Hindustan Times Bengaluru.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Hindustan Times Bengaluru
Hindustan Times Bengaluru
Coach Hesson faults execution after loss to India
A 6l-run defeat clearly showed all that went wrong for Pakistan in their T20 World Cup Group A game against India in Colombo on Sunday.
2 mins
February 17, 2026
Hindustan Times Bengaluru
Pro League capitulation raises concerns for India
Four matches, four losses and 19 goals conceded with only five scored.
3 mins
February 17, 2026
Hindustan Times Bengaluru
TCS, AMD deepen AI play to take on Nvidia in India
Chipmaker AMD is deepening its India push through an expanded partnership with India’s largest IT services company Tata Consultancy Services (TCS), deploying its latest rack-scale AI data centre technology in the country as they prepare for competition from Nvidia Corporation in one of the world’s fastest-growing AI markets.
2 mins
February 17, 2026
Hindustan Times Bengaluru
‘AI tools will support, not replace, clinical expertise’
Artificial intelligence (AI) tools could begin handling parts of routine hospital documentation this year, according to Roy Jakobs, chief executive officer of Philips.
2 mins
February 17, 2026
Hindustan Times Bengaluru
COPS: ACCUSED DID OCCULT RITUALS AFTER KILLING INDORE STUDENT
The classmate of a 24-year-old female MBA student, arrested in Indore for her murder, allegedly mistreated the body after the killing and also performed occult rituals while on the run, a police official said on Monday.
1 min
February 17, 2026
Hindustan Times Bengaluru
'Severely burnt' Baramati crash black box may be sent abroad
The black box of the jet that crashed in Baramati last month, killing five people including Maharashtra deputy chief minister Ajit Pawar, may have suffered extensive burn damage, raising the possibility that it may have to be sent overseas for data retrieval, officials aware of the matter said.
1 min
February 17, 2026
Hindustan Times Bengaluru
SIR factor: Simultaneous polls may be tough task to repeat this summer
Five years ago, West Bengal, Assam, Tamil Nadu and Kerala, along with the Union Territory of Puducherry, went to the polls together as part of a poll season that stretched across March and April 2021.
1 min
February 17, 2026
Hindustan Times Bengaluru
SC SEEKS UNIFORM FRAMEWORK OF INDIAN TRIBUNALS
The Supreme Court on Monday directed the Union government to place before it, within four weeks, a comprehensive and uniform proposal on the functioning of tribunals across the country, underlining that these quasi-judicial bodies cannot be permitted to become dysfunctional or defunct.
1 min
February 17, 2026
Hindustan Times Bengaluru
FEMA case: ED imposes ₹184-cr penalty on NewsClick, founder
The Enforcement Directorate (ED) has imposed a penalty of ₹184 crore on the news portal NewsClick and its founder Prabir Purkayastha for allegedly violating the foreign exchange management act (FEMA), the agency said in a statement on Monday.
2 mins
February 17, 2026
Hindustan Times Bengaluru
The case for India to join Trump’s Board of Peace
resident Trump’s formation of the Board of Peace (BoP) has set the cat among the pigeons.
4 mins
February 17, 2026
Listen
Translate
Change font size