Tag: Foreign exchange transaction charges

High forex transaction charges for smaller customers worrisome: RBI deputy governor Rajeshwar Rao
Posted in Economy

High forex transaction charges for smaller customers worrisome: RBI deputy governor Rajeshwar Rao

Foreign exchange transaction charges for medium-sized business remains opaque despite the regulator’s efforts for transparency and banks don’t seem to have played their role in…

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FEDAI should help in ensuring fair prices to small clients, streamlining procedures: RBI DG
Posted in Economy

FEDAI should help in ensuring fair prices to small clients, streamlining procedures: RBI DG

Foreign exchange dealers need to ensure fair pricing for smaller players like the MSMEs and the retail customers for foreign currency transactions. Banks should encourage…

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