https://www.taxtmi.com/manuals?id=5965 Whether an AD bank in India may limit itself to a single Special Rupee Vostro Account for a foreign country. The operative rule permits AD banks to open multiple Special Rupee Vostro Accounts to facilitate settlement with different correspondent or respondent banks located in the same foreign country, within the FEMA framework for INR trade settlement. en-us Wed, 27 Nov 2024 13:25:00 +0530 Wed, 27 Nov 2024 13:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=5965 Whether an AD bank in India may limit itself to a single Special Rupee Vostro Account for a foreign country. The operative rule permits AD banks to open multiple Special Rupee Vostro Accounts to facilitate settlement with different correspondent or respondent banks located in the same foreign country, within the FEMA framework for INR trade settlement. Manuals FEMA Wed, 27 Nov 2024 13:25:00 +0530 https://www.taxtmi.com/manuals?id=5965