Finmin to meet heads of banks on Dec 5 to promote cross-border trade in rupee

Punjab Junction Weekly Newspaper / 29 November 2022

New Delhi,

The Finance Ministry has called a meeting of CEOs of banks, including top six private sector lenders, on December 5 to discuss ways to promote cross-border trade in the rupee instead of the US dollar.

Besides, sources said the meeting to be attended by other stakeholders, including senior officials of external affairs and commerce ministries, will review the progress made on this front so far.

Financial Services Secretary Vivek Joshi will be chairing the meeting and is also likely to see attendance from representatives of the Reserve Bank of India and Indian Banks’ Association (IBA), sources said.

Chief Editor- Jasdeep Singh  (National Award Winner)