The Indian rupee weakened by 13 paise to 92.43 against the US dollar in early trade on Monday, pressured by significant foreign fund outflows and rising crude oil prices amidst geopolitical tensions. Volatile domestic equity markets further contributed to the rupee’s decline, despite a slight retreat in the dollar’s strength.
Union Bank of India approves plan to raise up to Rs 20,000 crore via long-term bonds
Union Bank of India will raise funds through bond issuances. The bank’s committee approved long-term bonds worth twenty thousand crore rupees for infrastructure and affordable