Several of them, including HDFC Bank, Axis Bank and Kotak Mahindra Bank, which have been aggressive in signing up credit card customers in the past months, have lined up new offers to encourage customers to use their cards for festive purchases.
Public sector banks were among the biggest losers, with Bank of India, Union Bank of India, Indian Bank, and Bank of Baroda dropping nearly 4%.
Our perspective is that yes, currency is somewhere an important variable which markets will be looking at, not only currency people will also look at
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