Monday, September 26, 2022

The bank that facilitated Iran trade back in focus as India-Russia trade expands

The bank has received the necessary approval from the regulator -- the Reserve Bank of India -- to open a special rupee vostro account, Soma Sankara Prasad, managing director and chief executive officer at UCO Bank, told Bloomberg News in a phone interview.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/the-bank-that-facilitated-iran-trade-back-in-focus-as-india-russia-trade-expands/articleshow/94459831.cms

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