RBI allows 30 countries to open 156 vostro accounts with Indian banks for cross-border rupee trade. Additionally, the government is negotiating Free Trade Agreements (FTAs) with Oman, Australia, the UK, and the EU.

RBI allows 30 countries to open 156 vostro accounts with Indian banks for cross-border rupee trade. Additionally, the government is negotiating Free Trade Agreements (FTAs) with Oman, Australia, the UK, and the EU.