A "viable mechanism" is needed to ensure that the funds are used for the intended purposes, Setty said in remarks which come ...

A new system to help farmers and small businesses access credit would be welcome, as long as it doesn’t also fuel household ...

Closing at 85.9650, the rupee marked its tenth consecutive weekly loss, slipping 0.2% this week amid a strong dollar and persistent capital outflows.

According to the report, RBI has been intervening "heavily" in the FX over the past two months and this has caused a drain on ...