The RBI has allowed persons resident outside India holding Special Rupee Vostro Accounts (SRVA) for international trade settlement in INR to invest their surplus rupee balances in Central Government Securities, including Treasury Bills. This provision, effective immediately, is incorporated in the updated Master Direction – RBI (Non-resident Investment in Debt Instruments) Directions, 2025.
Link – https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12890&Mode=0
