INDIA
Published on June 07, 2026
Banking shares rose up to 2 percent on Friday after the Reserve Bank of India (RBI) kept the benchmark repo rate unchanged at 5.25 percent and retained its "neutral" policy stance, while announcing measures aimed at attracting foreign currency inflows and supporting the rupee.
Bank shares rise in trade.
Bank stocks rose as RBI held repo rate at 5.25%.
RBI announced steps to attract foreign currency inflows.
Rupee strengthened after RBI measures and tax exemptions.
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Banking shares rose up to 2 percent on Friday after the Reserve Bank of India (RBI) kept the benchmark repo rate unchanged at 5.25 percent and retained its "neutral" policy stance, while announcing measures aimed at attracting foreign currency inflows and supporting the rupee.
Source: MONEY CONTROL