Banking sector drop in the market due to CRR hike
Due to maintain new CRR rate, message goes in the market Bnak's are not funding as compare to earlier.
And they are absorbing extra liquidity.
Thats why ICICI , HDFC , SBI, Bank of India, Yes Bank and Karnataka Bank etc. became loosers on 31st october in Indian stock market.
And they are absorbing extra liquidity.
Thats why ICICI , HDFC , SBI, Bank of India, Yes Bank and Karnataka Bank etc. became loosers on 31st october in Indian stock market.
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