20/06/ · Rollout of the foreign exchange trading platform for retail participants – FX-Retail. Please refer to the Statement on Developmental and Regulatory Policies dated June 06, , announcing the introduction of an electronic trading platform for buying/selling foreign exchange by retail customers of banks. The platform, FX-Retail, is ready for rollout by the Clearing Corporation of India Limited (CCIL) 06/06/ · Setting out various developmental and regulatory policy measures, the Reserve Bank of India (RBI) on Thursday said it will create a foreign exchange trading platform for SME exporters and importers. Unveiling its second Bi-monthly Monetary Policy Statement, , the Central Bank also decided to widen the ambit of small finance banks and get On June 6, , the Reserve Bank of India (RBI) announced to set up a foreign exchange trading platform for retail participants. This is to create a market infrastructure that ensures fair and transparent pricing for users of foreign exchange like Small and Medium Enterprises (SME) exporters & importers and individuals. Key Points
RBI: RBI to set up forex trading platform for SMEs, get more players to setup Small Finance Banks
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Font Size Abc Small. Abc Medium. Abc Large. On tap licensing means the applications could be submitted to the RBI at any point of time, throughout the year and licenses will foreign exchange trading platform rbi granted accordingly. Setting out various developmental and regulatory policy measures, the Reserve Bank of India RBI on Thursday said it will create a foreign exchange trading platform for SME exporters and importers.
Unveiling its second Bi-monthly Monetary Policy Statement,the Central Bank also decided to widen the ambit of small finance banks and get more players to extend such banking facilities. RBI in its statement said that the view is to create market infrastructure that would ensure fair and transparent pricing for users of foreign exchange such as Small and Medium Enterprise exporters and importers, individuals, etc. The trading platform has now been developed by the Clearing Corporation of India CCIL and is being tested by users.
The circular on operational guidelines for the platform shall be issued by the end of June Small Finance Banks. Read More News on RBI SMEs CCIL draft guidelines microstructure small finance banks Payments banks. The one-stop destination for MSMEET RISE provides news, views and analysis around GSTExports, Funding, Policy and small business management. ETPrime stories of the day Disease Insurance uncertainties, big dents on the wallet: second wave grips life in India like a constrictor.
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20/06/ · Rollout of the foreign exchange trading platform for retail participants – FX-Retail. Please refer to the Statement on Developmental and Regulatory Policies dated June 06, , announcing the introduction of an electronic trading platform for buying/selling foreign exchange by retail customers of banks. The platform, FX-Retail, is ready for rollout by the Clearing Corporation of India Limited (CCIL) 06/06/ · Setting out various developmental and regulatory policy measures, the Reserve Bank of India (RBI) on Thursday said it will create a foreign exchange trading platform for SME exporters and importers. Unveiling its second Bi-monthly Monetary Policy Statement, , the Central Bank also decided to widen the ambit of small finance banks and get On June 6, , the Reserve Bank of India (RBI) announced to set up a foreign exchange trading platform for retail participants. This is to create a market infrastructure that ensures fair and transparent pricing for users of foreign exchange like Small and Medium Enterprises (SME) exporters & importers and individuals. Key Points
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