Acu Payment Mechanism
Lenders seek RBI's guidance as OFAC restricts payments via ACU mechanism
US Office of Foreign Assets Control advises banks to halt ACU-related payments, raising concerns for India's trade settlement with ACU nations
 "Lenders seek RBI's guidance as OFAC restricts payments via ACU mechanism")
Updated On : 22 Sep 2023 | 2:29 PM IST
Commerce Ministry for resumption of ACU payment mechanism with Iran
This has been done to promote bilateral trade
 "Commerce Ministry for resumption of ACU payment mechanism with Iran")
Updated On : 28 Jun 2017 | 4:56 AM IST
