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The rupee fell to a record low on Tuesday, raising prospects for fresh measures to bolster a currency which has tumbled more than 12 percent since the start of May, but later pared its..
The rupee slumped to a new record low of 56 to the dollar on Wednesday weighed down by global risk aversion, with the Reserve Bank of India's intervention earlier in the day seen as too..
The Reserve Bank of India (RBI) has asked the promoters of Kotak Mahindra Bank to reduce their stake from the current 45% to 10% by 2016 in order to conform to extant banking licence..