Current foreign ownership in state-run banks ranges from a high of about 12 per cent in Canara Bank to near zero in UCO Bank as of September 30
Paytm’s stock plunged 36 per cent in the two days following the RBI’s move against its bank wiping $2bn off its market value
The Reserve Bank of India (RBI) left the repo rate at 8.00 percent, as expected by nearly all 43 economists surveyed for a poll published last week.