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RBI to tighten remittance rules, bar offshore time deposits, sources say

The Reserve Bank of India (RBI) will amend regulations to prevent overseas transfers from being used to park money in time deposits or other interest-bearing accounts abroad, one of the sources said.
Last Updated : 12 June 2025, 07:29 IST
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Published 12 June 2025, 07:29 IST

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