labels: rbi, banks & institutions
SBM strikes deal with West Asia exchanges news
Our Banking Bureau
09 May 2002
Bangalore: State Bank of Mysore (SBM) has entered into a rupee-drawing arrangement with the following exchange companies in West Asia: Bahrain International Exchange Co BSS, Manama, Bahrain; Mustafa Sultan Exchange Co LLC, Muscat, Sultanate of Oman; Trust Exchange Co WLL, Doha, Qatar; Asia Exchange Centre, Dubai.

Non-resident Indians can now send remittances from these countries by means of demand drafts payable at select SBM branches, a press release said.


 


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SBM strikes deal with West Asia exchanges