RBI issues final co-lending framework effective January 2026

MUMBAI, Aug 6 (Reuters) – The RBI (Reserve Bank of India) published final rules for co-lending arrangements between banks and non-bank financial firms on Wednesday, expanding the scope of such partnerships beyond priority sector lending and introducing tighter norms. The framework, effective

Rupee recovers 15 paise to settle at 87.73 against US dollar

Mumbai, Aug 6 (PTI) The rupee recovered from record low level and closed 15 paise higher at 87.73 (provisional) against the US dollar on Wednesday, supported by a volatile greenback and the Reserve Bank’s decision to hold interest rate steady. However, increasing

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