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Banking stocks rise after RBI’s forex liquidity measures; Canara Bank, PNB, Yes Bank lead gains

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Banking stocks rise after RBI’s forex liquidity measures; Canara Bank, PNB, Yes Bank lead gains

Banking stocks advanced on Friday after the Reserve Bank of India (RBI) left the benchmark repo rate unchanged at 5.25 per cent and retained its "neutral" policy stance, while unveiling a series of measures aimed at attracting foreign currency inflows and supporting the rupee. The Nifty Bank index rose as much as 0.6 per cent during the session, extending its…

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