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Tag: RBI

Business / Companies

RBI and Bank of Mauritius Formalize Trade in Local Currencies with MoU

March 19, 2025March 19, 2025 - by Allegra Nguyen - Leave a Comment

The RBI and BOM have signed a MoU to use INR and MUR for trade, reducing costs and fostering economic ties. Signed on March 12, 2025, the agreement allows for …

RBI and Bank of Mauritius Formalize Trade in Local Currencies with MoU Read More
Companies

RBI and Bank of Mauritius Sign MoU to Enhance Bilateral Trade with Local Currencies

March 19, 2025March 19, 2025 - by Sofia Nawab - Leave a Comment

The RBI and BOM have signed an MoU to utilize local currencies for transactions, enabling exporters and importers to settle payments in INR and MUR. This agreement aims to reduce …

RBI and Bank of Mauritius Sign MoU to Enhance Bilateral Trade with Local Currencies Read More
Companies

India and Mauritius Collaborate for Local Currency Trade Enhancement

March 18, 2025March 18, 2025 - by Sofia Nawab - Leave a Comment

India and Mauritius have signed an MoU to facilitate trade in local currencies, aiming to establish the INR-MUR Local Currency Settlement System to reduce reliance on hard currencies. The agreement, …

India and Mauritius Collaborate for Local Currency Trade Enhancement Read More
Business / Companies / economics

RBI and Bank of Mauritius Sign MoU to Facilitate Use of Local Currencies in Trade

March 18, 2025March 18, 2025 - by Sofia Nawab - Leave a Comment

The RBI and BOM signed a pact to promote the use of Indian and Mauritian Rupees in trade, facilitating easier transactions and fostering bilateral cooperation. Primarily covering current and capital …

RBI and Bank of Mauritius Sign MoU to Facilitate Use of Local Currencies in Trade Read More
Business / economics

PM Modi Praises RBI for Receiving Digital Transformation Award 2025

March 17, 2025March 17, 2025 - by Carmen Mendez - Leave a Comment

Prime Minister Narendra Modi commended the Reserve Bank of India for winning the Digital Transformation Award 2025, noting its focus on innovation and governance efficiency. The RBI’s initiatives, like Pravaah …

PM Modi Praises RBI for Receiving Digital Transformation Award 2025 Read More
Business / Companies / economics

Amit Shah Advocates for Customized Banking Guidelines to Foster Growth in Northeast India

December 22, 2024December 22, 2024 - by Sofia Nawab - Leave a Comment

Union Home Minister Amit Shah urged banks to create customized financial guidelines for the northeastern region of India to foster economic growth. At a conclave in Agartala, he highlighted the …

Amit Shah Advocates for Customized Banking Guidelines to Foster Growth in Northeast India Read More
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