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Categories => Personal Finance & Investing => Topic started by: Kamal on Apr 05, 2026, 12:38 PM

Title: RBI says can’t send money to Iran; funds will be used in India
Post by: Kamal on Apr 05, 2026, 12:38 PM
(https://i.ibb.co/0Vmd9F7T/2sam3b99z7tg1.jpg)
Title: Re: RBI says can’t send money to Iran; funds will be used in India
Post by: Ramesh on Apr 05, 2026, 12:38 PM
The money can't be transferred due to sanctions, but converting it into goods works since humanitarian items aren't covered by those sanctions.
Title: Re: RBI says can’t send money to Iran; funds will be used in India
Post by: Karan on Apr 05, 2026, 12:38 PM
Bro, the government will probably keep 80 % of the donation and only send 20 % to Iran, lol.
Title: Re: RBI says can’t send money to Iran; funds will be used in India
Post by: Murali on Apr 05, 2026, 12:38 PM
Our migrant workers are feeling the pinch because of the Netanyahu‑Trump conflict. I'd rather help them first. I saw a video of patients sleeping outside Delhi government hospitals – there's no bed for them. We're not in a position to aid other nations right now.
Title: Re: RBI says can’t send money to Iran; funds will be used in India
Post by: Esha on Apr 05, 2026, 12:38 PM
They must feel terrible, using it in the country they live in.
Title: Re: RBI says can’t send money to Iran; funds will be used in India
Post by: Sneha on Apr 05, 2026, 12:38 PM
They'll purchase food and medical supplies and ship them out. Technically India can't send cash because of sanctions – I saw a post on "Iran in India" confirming that. It makes sense; medical aid and food can help patients, while cash could end up with the wrong hands. The amount is around 15‑25 cr INR. Hopefully it reaches the ordinary civilians who suffered, not the trouble‑makers.
Title: Re: RBI says can’t send money to Iran; funds will be used in India
Post by: Ramesh on Apr 05, 2026, 12:38 PM
What a crappy headline! RBI isn't blocking anything – the process just can't work that way.
Title: Re: RBI says can’t send money to Iran; funds will be used in India
Post by: Omkar on Apr 05, 2026, 12:38 PM
Isn't it better to turn the money into goods like food and other essentials?
Title: Re: RBI says can’t send money to Iran; funds will be used in India
Post by: Firoz on Apr 05, 2026, 12:38 PM
What a misleading headline!
Title: Re: RBI says can’t send money to Iran; funds will be used in India
Post by: Rajat on Apr 05, 2026, 12:38 PM
Misleading headline – it should read: "Money can't be sent to Iran, it must be converted into goods for transfer."
Title: Re: RBI says can’t send money to Iran; funds will be used in India
Post by: Hardik on Apr 05, 2026, 12:38 PM
What's up with the misrepresenting title?