RBI seeks lifting cap on ‘vostro’ accounts investments to push rupee-denominated trade
- Posted on May 2, 2025
- By Financial Express
- 1 Views
RBI seeks lifting cap on ‘vostro’ accounts investments to push rupee-denominated trade
Vostro accounts are typically held by a domestic bank on behalf of a foreign bank in which trading partners can hold rupee-denominated balances emerging from trade transactions.
