Published: Jan 20, 2024, 05:25 IST | Updated: Jan 20, 2024, 05:25 IST
India's $433 billion banking sector faces a gloomy outlook following an unusual sell-off in HDFC Bank Ltd., the country's largest private sector lender. The top 12 largest banks in India are on track for their worst week since September, witnessing a collective market value loss of nearly $21 billion.