Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy
Contact Info
Unit 266, 267 & 268, Tower B1, Spaze Itech Park Sohna Road Gurugram, Haryana 122018 connect@complinity.com +91 8181 900 600
Follow Us

A Multi-Concept Theme for Digital Agencies and Startups

8181 900 600 Request a Demo Login
logo dark logo light logo
  • Products
    • Compliance Management Software
    • Contract Management Software
    • Secretarial Compliance Software
    • Litigation Management Software
    • Audit Management Software
    • Internal Financial Control Software
    • Enterprise Risk Management Software
  • Pricing
  • Industries
    • Pharmaceutical
    • Hospitality
    • BFSI
    • Manufacturing
    • NBFC
    • Renewable Energy
    • Agriculture
    • ITeS
    • Real Estate
    • Automobile
  • Legal Updates
  • Blogs
  • Videos
  • Downloads
  • Careers
Contact Sales
logo dark logo light logo
  • Products
    • Compliance Management Software
    • Contract Management Software
    • Secretarial Compliance Software
    • Litigation Management Software
    • Audit Management Software
    • Internal Financial Control Software
    • Enterprise Risk Management Software
  • Pricing
  • Industries
    • Pharmaceutical
    • Hospitality
    • BFSI
    • Manufacturing
    • NBFC
    • Renewable Energy
    • Agriculture
    • ITeS
    • Real Estate
    • Automobile
  • Legal Updates
  • Blogs
  • Videos
  • Downloads
  • Careers
Contact Sales
Mobile Logo
  • Products
    • Compliance Management Software
    • Contract Management Software
    • Secretarial Compliance Software
    • Litigation Management Software
    • Audit Management Software
    • Internal Financial Control Software
    • Enterprise Risk Management Software
  • Pricing
  • Industries
    • Pharmaceutical
    • Hospitality
    • BFSI
    • Manufacturing
    • NBFC
    • Renewable Energy
    • Agriculture
    • ITeS
    • Real Estate
    • Automobile
  • Legal Updates
  • Blogs
  • Videos
  • Downloads
  • Careers
Corporate Laws Central Ministry of Finance Reserve Bank of India Act, 1934

RBI issues FAQs on International Trade Settlement in Indian Rupees (INR)

03-Oct-2025 | NA

RBI has issued FAQs on International Trade Settlement in Indian Rupees (INR) effective from 3rd October 2025. Key Highlights: 1. The Special Rupee Vostro Account (SRVA) facilitates international trade settlement in Indian Rupees (INR) as an additional mechanism to existing systems using freely convertible currencies. It is designed as a bank-to-bank arrangement similar to correspondent banking, promoting wider use of INR in global trade. 2. Indian branches of foreign banks that are Authorised Dealer (AD) banks can open SRVAs with Reserve Bank of India (RBI) approval. Indian AD banks may open multiple SRVAs for different foreign banks from the same country. However, existing Rupee Vostro Accounts cannot be converted into SRVAs. 3. The exchange rate between INR and the trading partners currency will be market-determined. In cases where no direct quote exists, it will be derived through cross-currency rates using global currencies like USD or EUR. 4. Balances in SRVAs can be repatriated in freely convertible or partner-country currency based on the underlying transaction. Income from INR balances may also be repatriated, subject to applicable regulations and tax provisions. 5. Funds held in SRVAs may be used for any permissible current or capital account transactions under the FEMA framework, such as Foreign Direct Investment (FDI) and External Commercial Borrowings (ECB). 6. INR exposures arising from SRVA transactions may be hedged as per applicable guidelines. The Indian AD bank is responsible for reporting all cross-border transactions undertaken through SRVAs. For more information, please refer to the attached document.

Upgrade to paid version to access the Notification, Circular & Rules along with the checklist

Get Legal Updates in your email

Request a Demo

Recent Posts in Corporate Laws

Corporate Laws

NSDL reiterate the circular issued by SEBI regarding IT Resilience Index for Market Infrastructure Institutions (MIIs)

27-Aug-2026 | NSDL/POLICY/2026/0127

NSDL reiterated the circular issued by SEBI regarding IT Resilience Index for Market Infrastructure Institutions (MIIs) Through this circul

Read More
Corporate Laws

NSDL issues circular regarding Updates for Implementation of Section 51A of UAPA, 1967 – Security Council 1267(1999) amends entries in ISIL (Da’esh) and Al-Qaida Sanctions List

26-Aug-2026 | NSDL/POLICY/2026/0126

NSDL has issued circular regarding Updates for Implementation of Section 51A of UAPA, 1967 – Security Council 1267(1999) amends entri

Read More
Corporate Laws

BSE reiterate the circular issued by SEBI regarding Alignment of SEBI’s Cyber Incident Reporting Portal with FIRE format

26-Aug-2026 | 20260826-30

BSE reiterated the circular issued by SEBI regarding Alignment of SEBI’s Cyber Incident Reporting Portal with FIRE format Through th

Read More
Corporate Laws

IFSCA requires FMEs to maintain a website or webpage

26-Aug-2026 | IFSCA-SOF/2/2026-Capital Markets

The International Financial Services Centres Authority has directed all Fund Management Entities registered under the Fund Management Regula

Read More

Recent Posts

Labour Laws

Draft Puducherry Occupational Safety, Health and Working Conditions Rules, 2026

24-Aug-2026 | 09/AIL /Lab16/2026

This notification introduces the Puducherry Occupational Safety, Health and Working Conditions Rules, 2026, which prescribe requirements rel

Read More
Property Related Laws

Tamil Nadu Real Estate Regulatory Authority has extended the registration validity and completion timelines of real estate projects affected by the West Asia situation

28-Aug-2026 | Circular No.TNRERA/A2/2552/2026

The Tamil Nadu Real Estate Regulatory Authority (TNRERA) has extended the validity of registration and corresponding completion timelines of

Read More
Industry Specific- Pharma

Government of Himachal Pradesh has notified the Second Amendment to the Himachal Pradesh Narcotic Drugs and Psychotropic Substances Rules, 1989

20-Aug-2026 | No. EXN-F-(10)-8/2021-Vol-II

The Government of Himachal Pradesh has notified the Himachal Pradesh Narcotic Drugs and Psychotropic Substances (Second Amendment) Rules, 20

Read More
Industry Specific- Pharma

Government of Himachal Pradesh has amended the Himachal Pradesh Narcotic Drugs and Psychotropic Substances Order, 2026

20-Aug-2026 | File No. EXN-F-(10)-8/2021-Vol-I I

The Government of Himachal Pradesh has notified the Himachal Pradesh Narcotic Drugs and Psychotropic Substances (Amendment) Order, 2026, ame

Read More
Request a Demo

Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy

Complinity Logo Transparent

Complinity is a comprehensive cloud-based Compliance Management Software that helps track and monitor statutory and regulatory compliances.

Quick Links
  • Compliance Software
  • Regulatory Compliance Software
  • Statutory Compliance Software
  • Compliance Tracking Software
  • Legal Updates
Contact Info
Unit 266, 267 & 268, Tower B1
Spaze Itech Park, Sohna Road
Gurugram, Haryana 122018
connect@complinity.com
+91 8181 900 600

Request a Demo

© 2026 Complinity Technologies Private Limited. | Privacy Policy | Data Processing Addendum

Design & Developed By  Infinite IT Solutions

Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy
Powered by EssentialPlugin

Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy

Thank You for your interest in Complinity. Your CV has been forwarded to HR.
In case your profile is shortlisted, HR shall contact you.