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Watch: What are RBI’s new steps to promote internationalisation of the Rupee?

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RBI Governor Sanjay Malhotra said banks are now permitted to lend in Indian Rupees to non-residents from Bhutan, Nepal, and Sri Lanka for bilateral trade transactions, encouraging global use of the INR.

​RBI Governor Sanjay Malhotra said banks are now permitted to lend in Indian Rupees to non-residents from Bhutan, Nepal, and Sri Lanka for bilateral trade transactions, encouraging global use of the INR.  

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