RBI releases list of entities not authorised to deal in forex

Mumbai (Maharashtra) [India], September 7 (ANI): The Reserve Bank of India (RBI) on Wednesday released a list of entities that are not authorised to deal in forex and cautioned the general public not to undertake transactions on unauthorised platforms.

The RBI reiterates that resident persons can undertake forex transactions only with authorised persons and for permitted purposes, in terms of the Foreign Exchange Manageme