Nostro Account

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What is a nostro account?
Nostro licence to fetch Rs 2-3cr more per qtr: Cox & Kings

Until now, Thomas Cook has been enjoying its monopoly as the only travel company to have an authorised dealer licence also known as a Nostro licence. Peter Kerkar the director says the advantage is it will give them between Rs 2-3 crore of net profit per quarter through the year.

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Nostro Account

What is a nostro account?

Nostro licence to fetch Rs 2-3cr more per qtr: Cox & Kings