Nifty Bank’s $95-billion rout is set to deepen as RBI tightens grip on rupee trading| Business News
India’s bank stocks are likely to face further losses as the Reserve Bank of India tightens its grip on rupee trading and rising energy prices weigh on profit outlook, according to analysts. At stake is the outlook for India’s $4.5 trillion stock market, given banks account for nearly a third of the benchmark index. (Reuters)…
