A higher opening in the stock market capped the losses
As global risk assets cede some ground on a session marked by low volumes
MARKETS-INDIA-RUPEE:Rupee extends fall as shares turn negative
The rupee started rallying after the withholding tax removal talk
RBI has been requested to grant time for effecting these changes
Xpress Money has 1.35 lakh agent locations operational in 125 countries
Rupee fell on the back of dollar demand from oil firms and tracking a slump in global risk assets
In Dec 2011, RBI had created a new category of finance company, NBFC-MFI, and released their operational guidelines
MARKETS-INDIA-RUPEE:Rupee snaps four-day rally in volatile session
Guv says banks should look at financial inclusion as an opportunity to build fortune at the bottom of the pyramid
Federal Bank has a strong presence in inward remittance from Gulf countries with 67 remittance tie ups with major exchange houses/banks, the biggest tally for any bank in India
For salaried individuals the fee starts as low as Rs 150
In talks for a joint venture as new route for foreign investors enhances role of custodians
Subbarao says aware of compliance, financing problems and regulator?s need to address these