Government moves to stabilise rupee
The rupee has fallen more than 12% so far this year. Earlier this month, Jaitley allayed fears about the fall of the rupee, saying global factors were to blame.
The rupee has fallen more than 12% so far this year. Earlier this month, Jaitley allayed fears about the fall of the rupee, saying global factors were to blame.
Masala bonds could be the go-to route for NBFCs that will need funds to be the alternative lenders as banks bleed with rising NPAs and falling capital.