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    <title>Whether RBI approval is required for opening such Special Rupee Vostro Accounts?</title>
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    <description>Prior RBI approval is required to open a Special Rupee Vostro Account. Applicant banks must demonstrate business resilience and sound financial health, experience in facilitating trade and investment transactions, capacity to provide other financial services, and established correspondent banking relationships with banks in the partner country as conditions for authorisation.</description>
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