
Banking Stocks: Lenders Cheer RBI’s CRR Cut, Rise Up To 2%; PSBs Biggest Gainers – News18
Last Updated:December 06, 2024, 13:15 IST Bank of Baroda, Canara Bank, Axis Bank, SBI were the top gainers gaining by up to 1.92 per cent. The CRR cut is expected to free up an additional Rs 1.16 lakh crore in the banking system, providing much-needed relief to lenders. As the RBI cut the cash reserve…