A number of big decisions were taken at the RBI's October review, with Governor Sanjay Malhotra announcing a slew of measures to promote the use of the rupee for international trade. "We have been making steady progress in the use of Indian Rupee for international trade," said the RBI chief.

Here's a summary of the key measures:

Cross-border trade transactions : Authorised dealer banks will be allowed to lend in rupees to non-residents in Bhutan, Nepal and Sri Lanka

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