Coal India shares surged to a 52-week high after announcing that foreign buyers from Bangladesh, Bhutan, and Nepal can directly participate in SWMA e-auctions from 1 January 2026. The move aims to enhance transparency, efficiency, and global market integration.
Lenders may turn to OFCB route to raise more funds abroad
Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic pivot comes in light of an