NEW DELHI (Reuters) – India’s central bank has given approval to banks to open 12 special “vostro accounts” for trade in rupees with trading partners, its Executive Director Deepak Kumar…
MOSCOW (Reuters) – Russia’s No.2 lender VTB on Wednesday said it had opened a special “vostro” account at its Indian branch that would allow for the more active use of…
MOSCOW (Reuters) – Russia’s dominant lender Sberbank is offering clients “vostro” accounts in rupees at its branches in India, aiming to facilitate clients in carrying out rupee-denominated trade transactions which…