๐๐ฎ๐ป๐ธ ๐ฆ๐๐ผ๐ฐ๐ธ๐ ๐ฅ๐ฎ๐น๐น๐ ๐ฎ๐ ๐ฅ๐๐ ๐ฃ๐๐๐ต๐ฒ๐ ๐ณ๐ผ๐ฟ ๐๐ผ๐ฟ๐ฒ๐ ๐๐๐๐ฒ๐๐
Bank stocks rose after the Reserve Bank of India pushed banks to add foreign exchange assets. The move aims to build India's currency reserves.
Key facts:
- The RBI asked banks to hold more forex assets.
- Bank shares climbed after the news.
- The step focuses on stronger foreign exchange reserves.