The rupee strengthened by 20 paise against the dollar, closing at 86.80, driven by inflows. However, experts warn that sustained inflows are needed to maintain stability.
Gold loan stocks surged 2–7% after RBI raised the LTV ratio on loans under ₹2.5 lakh to 85%. Simplified norms reduce compliance burden, aiding lenders
The spike in Bajaj Finance shares came after the RBI slashed the repo rate by 50 bps and CRR by 100 bps, unlocking Rs 2.5
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