Business

PNB gets restrictive gesture from RBI to pay interest

Punjab National Bank full service bank (NSE 1.13 %) that has been watching a default interest payments, has received conditional approval from the reserve bank of India to pay interest on its perpetual bonds that are due next week, aforementioned two senior officers aware of the event. The beleaguered bank can need to raise Rs […]

Business

Here are Some Major Reasons for fall of rupee against the U.S.A. dollar

The rupee over at 68.79 per dollar on Thursday, after reaching an all-time low earlier within the day, according to a news organization. Earlier within the day, it touched the lowest and broken the sixty-nine per dollar mark, due to high petroleum prices and weak macroeconomic fundamentals. the house currency gets back from record lows […]