Bank stocks fall as RBI tightens bad loan norms
Banks must classify loans into three risk-based stages under new RBI rules aligned with global norms. Nifty Bank fell 1% Tuesday, versus a 0.4% drop in the broader market.
Banks must classify loans into three risk-based stages under new RBI rules aligned with global norms. Nifty Bank fell 1% Tuesday, versus a 0.4% drop in the broader market.
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