2023
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Which Indian public sector bank received RBI approval to hold special rupee vostro accounts for three banks from Sri Lanka?
|
|
State Bank of India
|
|
|
Canara Bank
|
|
|
Indian Bank
|
|
|
Punjab National Bank
|
Explanation:
Detailed explanation-1: -Notes: India’s Public sector lender UCO Bank is the first bank to receive the Reserve Bank of India’s (RBI’s) approval for rupee trade.
Detailed explanation-2: -Union Bank becomes first to open special vostro account for India-Malaysia trade settlement in rupee | Mint.
There is 1 question to complete.