ProfBeenaBudki retweetledi

Dear @MyIndusIndBank team
I am sure you have already noted the recent news coverage (as seen in today’s @Dinamalar ) regarding the latest @RBI circular.
The directive is quite specific: banks are requested to expedite the crediting of foreign remittances into domestic accounts. Specifically, beneficiaries should be notified immediately upon receipt of funds, and the credit must reflect in the account within the stipulated time frame. Furthermore, the reconciliation of #Nostro accounts should ideally be completed within one hour.
Could you please confirm if your systems are already fully aligned with these updated #RBI guidelines? I look forward to hearing how #IndusInd is ensuring these speedier processing times for its customers.

English























