What's delaying Re trade with Russia? RBI, Centre want to know

Banks want the regulator and the government to give a clear guidance that would shield them from any action by the US authorities. However, having laid down the rules on a rupee-denominated trade amid US sanctions on Russian financial institutions, the central bank and New Delhi think the banks should take the plunge.

from Economy-News-Economic Times https://ift.tt/I5Ft4h3
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