Bank of India seeks its first dollar loan in more than a decade
Bank of India is raising up to $400 million in its first dollar syndicated loan since 2012, via its Gujarat branch. Reliance ...
Rupee dives 55 paise, deepest in nearly two years, to hit record low of 86.59 against US dollar
Rupee hits historic low against US dollar due to strengthening American currency and surging crude oil prices.
India’s central bank said to ease rupee drought with FX swaps
Mumbai: India’s central bank is using dollar-rupee swaps to ease a liquidity squeeze in the country’s financial system, ...