Long Term

Market mayhem continued unabated but banking stocks improved marginally

The Reserve Bank of India announced a 250 basis point cut in three instalments in the cash reserve ratio of banks to improve liquidity. That, along with a ‘positive outlook’ for Indian banks announced by credit rating agencies helped bank stocks go up. Union Bank of India, Bank of Baroda and Bank of India went...

Premium Content
You can buy this article individually, which will give you access only to this article.
Pay Per Article Gift An Article
Already a subscriber ? Log in
Free Helpline
Legal Credit