Non-residents can invest their surplus balances in Special Rupee Vostro Accounts in G-Secs
The circular also puts the onus on Authorised Dealer Category-I banks to open dedicated security accounts for SRVA holders, give them access to the NDS-OM trading platform, report all transactions, and ensure compliance with applicable regulations
The circular also puts the onus on Authorised Dealer Category-I banks to open dedicated security accounts for SRVA holders, give them access to the NDS-OM trading platform, report all transactions, and ensure compliance with applicable regulations
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The Federation of Economic Development Association of India (F.E.D.A) holds the distinction of being India's most venerable umbrella organization. F.E.D.A focused on promoting economic growth in India. Economic development professionals throughout the state, along with individuals and companies in related economic development fields, work together with the F.E.D.A Members and Board of Federation to help positively influence country legislation and industrial growth. With cutting edge policy research and advisory to National and State governments on trade issues. F.E.D.A is one of the leading non-profit organizations with established credentials for enhancing economic development.
