When the Nifty achieved 18,000 on April 4, sentiment was still brittle with foreign funds pulling money out of India. Over the next two months, the Nifty plunged almost 16% to a 52-week low of 15,183.4 on June 17.
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