PSU Bank shares like SBI, Canara, PNB fall amid new RBI norms
Shares of India's state-run lenders including State Bank of India, Punjab National Bank, Canara Bank, Union Bank of India, Maharashtra Bank, Bank of Baroda, tumbled up to 6% on Monday after the Reserve Bank of India (RBI) released a draft proposing tighter rules for lending and heightened monitoring for under-construction infrastructure projects.
06 May 2024 | 01:33 PM