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RBI Given 6 Weeks' Time To Respond On Foreign Exchange Transactions
20 Mar 2023, 04:07 PM IST i


The petitioner has said that there are loop holes in the system in relation to transfer of funds. (File)
The Delhi High Court Monday granted six more weeks' time to the Reserve Bank of India (RBI) to respond to a PIL seeking implementation of a Uniform Banking Code for foreign exchange transactions to control black money generation and benami transactions.
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