Cash management in the crosshairs: India’s current account dilemma

New banking regulations from the Reserve Bank of India are tightening the noose around the constellation of corporate current accounts. Gopul Shah of Golden Agri-Resources speaks to CorporateTreasurer about the ramifications.
Cash management in the crosshairs: India’s current account dilemma
By Peter Shadbolt
Aug 9, 2021
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The Reserve Bank of India (RBI) acted in August 2020 to close India’s galaxy of banking current accounts with little or no loan exposure to the issuing bank.

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