Tag: Foreign exchange transaction charges
Posted in Economy
High forex transaction charges for smaller customers worrisome: RBI deputy governor Rajeshwar Rao
March 9, 2023 Leave a Comment on 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…
Posted in Economy
FEDAI should help in ensuring fair prices to small clients, streamlining procedures: RBI DG
March 9, 2023 Leave a Comment on 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…