India, banks to discuss international trade settlement in rupees - source

A customer hands Indian currency notes to an attendant at a fuel station in Mumbai, India, August 13, 2018. REUTERS/Francis Mascarenhas/File Photo

NEW DELHI, Nov 29 (Reuters) - India's finance ministry will meet banks on Dec. 5 to discuss international trade settlement in rupees, a banking source said on Tuesday.

The meeting will include representatives of all public sector banks, the central bank and some private banks and exporters, the source told Reuters.

Reporting by Nikunj Ohri in New Delhi, writing by Shivam Patel, editing by Andrew Heavens

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