RBI seeks approval for overseas Rupee lending to neighbours, say sources

“The proposal, which was sent to the Finance Ministry last month, suggests lending in Rupees to non-residents can begin in neighbouring countries such as Bangladesh, Bhutan, Nepal and Sri Lanka,” the sources said

May 27, 2025 - 06:30
 0
RBI seeks approval for overseas Rupee lending to neighbours, say sources
“The proposal, which was sent to the Finance Ministry last month, suggests lending in Rupees to non-residents can begin in neighbouring countries such as Bangladesh, Bhutan, Nepal and Sri Lanka,” the sources said

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