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    <title>Rupee Drawing Arrangement - Increase in trade related remittance limit</title>
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    <description>The Reserve Bank amended the Rupee Drawing Arrangements to raise the per transaction ceiling for trade related remittances carried out through Rupee/Foreign Currency vostro accounts of non resident exchange houses, effective immediately. All other provisions of the Memorandum of Instructions remain unchanged. Authorised Dealer Category I banks must notify their constituents. The directions are issued under FEMA and do not affect any permissions required under other laws.</description>
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    <pubDate>Thu, 13 Mar 2014 00:00:00 +0530</pubDate>
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      <title>Rupee Drawing Arrangement - Increase in trade related remittance limit</title>
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      <description>The Reserve Bank amended the Rupee Drawing Arrangements to raise the per transaction ceiling for trade related remittances carried out through Rupee/Foreign Currency vostro accounts of non resident exchange houses, effective immediately. All other provisions of the Memorandum of Instructions remain unchanged. Authorised Dealer Category I banks must notify their constituents. The directions are issued under FEMA and do not affect any permissions required under other laws.</description>
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