Edited By WION Video Desk
Published: May 07, 2024, 05:40 IST | Updated: May 07, 2024, 05:40 IST
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India News May 07, 2024, 05:40 IST
India: RBI tightens infrastructure lending norms
Shares of public sector banks in India witnessed a sharp decline on Monday after the reserve bank of India proposed stricter norms for lending to infrastructure projects. The nifty PSU bank index plunged by around 3.2%, with individual stocks like Punjab national bank and Canara bank dropping over 4%.
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