Indian Bank Stocks’ $95 Billion Rout May Deepen on Macro Risks

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Bloomberg Markets 9 hours ago • bloomberg.com

Indian Bank Stocks’ $95 Billion Rout May Deepen on Macro Risks

More pain awaits Indian banks stocks — the biggest component of the country’s stock market — as the central bank’s moves in the currency market and growth shock to the economy from rising energy prices dent profit outloo…

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