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October 1, 2025, 02:09 PM - 3 min read
At its fourth bi-monthly monetary policy of the current fiscal, the Reserve Bank of India (RBI) Governor, Sanjay Malhotra, said they will promote the use of the Indian rupee for cross-border settlements, which includes allowing banks to lend in the domestic unit to non-residents from Bhutan, Nepal, and Sri Lanka, for bilateral trade
Read moreJanuary 19, 2025, 02:13 PM - 4 min read
RBI MPC member Nagesh Kumar suggested that Finance Minister Nirmala Sitharaman should prioritise capital expenditure and infrastructure spending in the 2025-26 Budget while also addressing concerns about rupee depreciation, freebie politics, and long-term development.
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