The Indian rupee weakened, reversing gains due to Asian currency weakness and uncertainty surrounding US interest rate policy after the Federal Reserve’s rate cut. Despite the cut, cautious forward guidance from the Fed and concerns over US tariffs and weak equity inflows weighed on the rupee. Optimism arose from potential resolution of the India-US tariff dispute.
HDFC Bank shares fall 2% on reports of internal probe over Rs 45 cr interest payments
HDFC Bank shares fell after a report revealed an internal investigation into Rs 45 crore payments to Maharashtra State Road Development Corporation. The Audit Committee
May 27, 2026