Banks seek a ticket to RBI's LRS server - Business News, Finance News, Share Market News - Market trendz

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Friday, 1 November 2024

Banks seek a ticket to RBI's LRS server


Banks have requested the Reserve Bank of India to integrate with its Centralised Information Management System for real-time limit verification under the Liberal Remittance Scheme, aiming to fast-track international credit card spending inclusion and ensure seamless tax collection compliance.

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