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As a Category-I authorised dealer, the small finance bank will be allowed to deal in all other transactions in foreign exchange like bill of exchange, cheques, letters of credit, deposits, etc. While as a Category-II Authorised dealer the bank is allowed to offer only money-changing facilities.
Mominpur violence: BJP is doing ‘vulture politics’, says TMC leader Kunal Ghosh
from News-Economic Times https://ift.tt/xd4EBT3
… Read MoreEAM Jaishankar defends India's long-standing ties with RussiaWith regard to India and Russia, we have really a longstanding relationship with Russia, a relationship that has certainly served our interest well, S Jaishankar said on Monday.
from News-Economic Times https://ift.tt/uwhivg… Read MoreSukhoi acquisition hallmark of MSY's tenure as defence ministerIndia could not purchase fighter jets at the time when the MiGs were ageing and western nations refused to sell Indian Air Force critical armoury. "It was a critical period in Russia's recent political history and India faced… Read MoreJudges DY Chandrachud and Nazeer objected to CJI's 'process of selection'The resolution further states that considering the standoff, the "matter was therefore ideally suited to have a discussion across the table amongst the judges forming the collegium". However, in the meanwhile the CJI received… Read MoreWorld Bank, IMF foresee increasing global recession risks. Details hereIMF Managing Director Kristalina Georgieva and World Bank President David Malpass on Monday issued a joint warning about the increasing dangers of a global recession and the persistence of inflation in the aftermath of Russia… Read More
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