Why your holidays abroad are going to cost more
Daybreak
00:00
The RBI's Reaction to Indian Spending Money in Other Countries
The Reserve Bank of India stopped SBM Bank from carrying out remittance transactions. The bank had become the preferred partner for fintechs like new and in money that deal in remittance because it was not threatened by a new forex fintech company. This week's Daybreak looks at how the RBI reacted to this increase in Indian spending money in other countries.
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Transcript
