Live Help
Want to know more
Enter the details and we'll call you soon

Name :

Company Name :

City :

Mobile No. :

Email id :


Thank you for your details

Our Executive will reach you shortly.

Your Session Will Expire in   seconds.
If you do not wish to log-out, choose 'Let me continue'
Reset SessionCancel Session

RBI expands scope of SNRR account; permits opening of SNRR a/c for ECB, Trade credits, Trade invoicing in INR

November 23, 2019
With a view to promote usage of INR products by persons resident outside India, the RBI in consultation with Govt. has decided to expand the scope of Special Non-Resident Rupee Account (SNRR) by permitting the person resident outside India to open such account for 1. ECBS 2. Trade Credits in INR, 3. Trade (export/Import) invoicing in INR 4. Business related transactions outside IFSC by IFSC units at GIFT city like administrative expenses in INR outside IFSC, INR amount from sale of scrap
read more
Best view in 1140 x 768