RBI eases LRS norms for funding by way of GIFT IFSC
The Reserve Financial institution of India has expanded the scope of remittances to Worldwide Monetary Providers Centres (IFSCs) beneath the Liberalised Remittance Scheme (LRS). The apex financial institution on Wednesday allowed authorised individuals to facilitate remittances for availing monetary providers or merchandise as per the Worldwide Monetary Providers Centres Authority Act, 2019 inside IFSCs. It … Read more