https://www.taxtmi.com/news?id=57496 The Reserve Bank held its key policy rate and neutral stance while announcing measures to expand INR international usage: banks may lend in Indian Rupees to non-residents of Bhutan, Nepal and Sri Lanka for bilateral trade; transparent reference rates for major trading-partner currencies will be proposed to support INR transactions; and Special Rupee Vostro Account balances may be invested in corporate bonds and commercial paper to deepen INR settlement and reduce dollar dependence. en-us Wed, 01 Oct 2025 12:31:03 +0530 Wed, 01 Oct 2025 12:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=57496 The Reserve Bank held its key policy rate and neutral stance while announcing measures to expand INR international usage: banks may lend in Indian Rupees to non-residents of Bhutan, Nepal and Sri Lanka for bilateral trade; transparent reference rates for major trading-partner currencies will be proposed to support INR transactions; and Special Rupee Vostro Account balances may be invested in corporate bonds and commercial paper to deepen INR settlement and reduce dollar dependence. News - Wed, 01 Oct 2025 12:31:03 +0530 https://www.taxtmi.com/news?id=57496