The bank that facilitated Iran trade back in focus as India-Russia trade expands

The bank has received the necessary approval from the regulator -- the Reserve Bank of India -- to open a special rupee vostro account, Soma Sankara Prasad, managing director and chief executive officer at UCO Bank, told Bloomberg News in a phone interview.

from Banking/Finance-Industry-Economic Times https://ift.tt/jQl9NfD