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02May 25
RBI Proposes Simplified Investment Norms for Special Rupee Vostro Accounts
The Reserve Bank of India (RBI) has proposed simplifying investment regulations for Special Rupee Vostro Account holders. The plan includes exempting these accounts from the 30% investment cap on short-term government debt, potentially facilitating easier cross-border transactions and boosting foreign investment in India. This move is expected to increase flexibility for international investors and may lead to greater investment in Indian government securities.