Bank Stocks Increase by 3% as the RBI Declares Actions to Control Liquidity
Following an assessment of current liquidity and financial conditions, the Reserve Bank of India (RBI) announced measures to pump liquidity into the banking sector, which caused bank stocks to soar as high as 3.3% on Tuesday, January 28. The shares of AU Small Finance Bank rose 3% to Rs 580.85 on the BSE after Canara…