Major Asian stocks opened higher, before turning mixed, on Tuesday as investors bargain-hunted following sharp falls in the previous session on fears over an economic slowdown. MSCI’s index of Asia-Pacific shares outside Japan was trading 0.31 per cent lower.
Indian Bank raises deposit rates by 15 basis points
Indian Bank managing director Binod Kumar had said earlier that the bank does not have surplus liquidity as it shed Rs 10,000 crore of bulk