Asian stocks fell sharply once again as traders kicked off a fresh day of trading Wednesday, tracking losses in New York and Europe fuelled by long-running recession fears. MSCI’s index of Asia-Pacific shares outside Japan was trading 1.54 per cent lower.
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