The Reserve Bank of India (RBI) lifted restrictions on transactions under the Liberalised Remittance Scheme (LRS) of State Bank of Mauritius (SBM) India last week. This...
The export of rough diamonds to Mauritius have reportedly triggered a rigorous investigation by the Directorate of Enforcement (ED) and the Reserve Bank of India (RBI). ...
SBM Bank India, the wholly-owned subsidiary of State Bank of Mauritius (SBM), has blocked all commercial credit cards it was offering in association with fintech companies...
The Reserve Bank of India (RBI) has announced that it had decided to partially relax the restrictions on SBM Bank (India) until March 15, by allowing...
The Reserve Bank of India has, on 23 January 2023, directed SBM Bank (India) Ltd to stop, with immediate effect, all transactions under the Liberalised Remittance...
The Export-Import Bank of India (Exim Bank) has entered into an agreement for USD 100 million line of credit to Mauritius for the procurement of defence...
