RBI says can’t send money to Iran; funds will be used in India

Started by Kamal, Apr 05, 2026, 12:38 PM

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Ramesh

The money can't be transferred due to sanctions, but converting it into goods works since humanitarian items aren't covered by those sanctions.

Karan

Bro, the government will probably keep 80 % of the donation and only send 20 % to Iran, lol.

Murali

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.

Esha

They must feel terrible, using it in the country they live in.

Sneha

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.

Ramesh

What a crappy headline! RBI isn't blocking anything – the process just can't work that way.

Omkar

Isn't it better to turn the money into goods like food and other essentials?


Rajat

Misleading headline – it should read: "Money can't be sent to Iran, it must be converted into goods for transfer."

Hardik