Bank, NBFC stocks fall as RBI tightens norms for personal loans; SBI, Axis Bank top losers
The RBI has increased the risk weights on unsecured consumer loans, including credit cards, by 25% for both banks and NBFCs.
bank stocks
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December 2021
Bank stocks fall on RBI's decision to withdraw ₹2,000 currency notes
IndusInd Bank topped the losers' chart, followed by Bank of Baroda, Axis Bank, HDFC Bank, ICICI Bank, Federal Bank, and Kotak Bank, among others.
RBI maintains status quo: Here’s how rate sensitive stocks reacted
The BSE bankex, realty, and auto index gained up to 1.2% after the RBI kept the policy repo rate unchanged and retained an accommodative stance.
Sensex, Nifty end higher on Budget euphoria; investors richer by ₹9.68 lakh crore in three days
The BSE Sensex and Nifty extended rally for the third day on the back of optimism post the Union Budget, making investors richer by ₹9.68 lakh crore.
Bank, metal stocks propel Sensex above 60K, Nifty reclaims 17,900; Bajaj twins shine
The BSE Sensex and the NSE Nifty continued their winning streak for the fourth straight session on Wednesday, led by financial and banking stocks.
IT, pvt banks propel Sensex, Nifty 0.5% higher; HP Adhesives surges 22% on debut
The BSE Sensex ended 296 points higher at 57,420, and the NSE Nifty surged 82.5 points, led by Tech Mahindra, Dr. Reddy's, Power Grid, and Sun Pharma.
