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After touching an all-time low of 72.11 a dollar, the rupee finally closed the day at 71.99 a dollar, down 0.32 per cent from its Wednesdays close of 71.76.

Rupee deters India Inc from foreign borrowing

Domestic firms had raised as much as $3.1 billion through the external commercial borrowing (ECB) route in February...

30 March 2019 1:18 AM IST

Reserve Bank of India (RBI)

RBI relaxes external commercial borrowing norms for corporates, NBFCs

ECBs with a minimum average maturity period of 10 years can now be used for working capital purposes and general...

31 July 2019 10:00 AM IST