Dinesh Unnikrishnan
Since the beginning of this year, the rupee has gained 2.85% against the dollar, while foreign institutional investors have bought $9.92 billion from local equity markets. Photo: Pradeep Gaur/ Mint<br />

Rupee ends higher against dollar

1 min read . 19 Jun 2014
Microfinance institutions (MFIs) borrow from banks and extend small loans to low-income borrowers typically at interest rates ranging between 24% and 36%. Photo: Mint<br />

RBI accords SRO status to Mfin

1 min read . 17 Jun 2014
Photo: Mint<br />
A file photo of the Reserve Bank of India: Photo: Bloomberg<br />

Payments banks to come soon: RBI

2 min read . 13 Jun 2014
India’s currency markets are upbeat on expected improvements in economic fundamentals with a change of guard at the Centre, dealers said. Photo: Bloomberg<br />

Rupee closes flat at 59.19 per dollar

2 min read . 09 Jun 2014