The Indian rupee ended Monday at 84.28 to a US dollar, up 0.2% from its previous close, helped by inflows of the greenback related to the rebalancing of MSCI global equity indexes. This was the strongest one-day gain for the local currency since June 3, LSEG data showed.
ICICI Bank, SBI among top picks which could give over 20% returns in 2025
Despite challenges in unsecured retail and microfinance segments, the banking sector’s outlook remains positive, supported by robust fundamentals and operational efficiency. Credit growth for FY25