The Indian rupee rebounded 128 paise to 93.57 against the US dollar after RBI’s policy on banks’ open positions. However, dollar strength and rising crude oil prices continue to pressure the currency.
The rupee recovered 128 paise from its all-time low to 93.57 against the U.Sz. dollar in early trade on Monday (March 30, 2026), after the Reserve Bank brought down the net open position that banks ...
Why Are Bank Stocks Falling Today? HDFC, ICICI, Axis, IDFC First, Kotak, BoB, PNB, Others Crash 2.5% ...
The value of the Indian rupee improved marginally on Monday after the Reserve Bank of India imposed a regulatory measure to curb volatility.
Eternal, Kotak Mahindra Bank, Axis Bank, UltraTech Cement, Eicher Motors were among major losers on the Nifty, while gainers ...
The Reserve Bank of India has stepped in to halt the rupee's fall. This move forces banks to unwind dollar positions, potentially leading to a Rs 4,000 crore loss for the banking sector. Banks had ...
Petrol and diesel prices remain unchanged despite a sharp surge in global crude oil prices amid geopolitical tensions.
Bank stocks, including private as well as public sector banks, came under selling pressure on Monday with the Nifty Bank index falling 2.6 per cent to 50,922.95 on the National Stock Exchange (NSE) in ...
This measure is only expected to provide temporary relief and the directive has made banks uneasy, as it could result in mark ...