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RBI's new forex rules signal shifts in currency strategy; banks now on frontline

New Delhi, March 31 -- The defence of the rupee has entered a crucial stage, with the central bank virtually forcing commercial banks to share the burden as it guards the country's forex trove. Banks... Read More


RBI nod for leveraged buyouts fails to evoke banker enthusiasm; mixed response to broker lending norms

New Delhi, Feb. 16 -- The banking regulator's new rules to fund mergers and acquisitions will open the doors, but too many conditions could deter banks and borrowers, say experts. Stricter rules for ... Read More