RBI asks banks to step up vigilance to stop misuse of banking channels in facilitating unauthorised foreign currency trading
The Reserve Financial institution of India (RBI) on Wednesday has suggested Banks authorised to deal in overseas change to be extra vigilant and train better warning to stop the misuse of banking channels in facilitating unauthorised foreign currency trading. As and when AD Cat-I (Authorised Seller Class – 1) banks come throughout an account getting … Read more