HDFC Bank, Kotak Bank, SBI shares propel Bank Nifty to fresh record high
HDFC Bank, Kotak Mahindra Bank, SBI, Canara Bank shares rallied on Tuesday, fuelling Bank Nifty index to another record high level. Gains in banking stocks came after the Reserve Bank of India (RBI) issued the final guidelines on the liquidity Coverage Ratio (LCR) with more lenient rules than initially proposed.
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