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Bank stocks fall up to 3% as RBI forex clampdown sparks Rs 4,000 crore loss fear

sanctions_shadow_enforcement UTC: 2026-03-30 04:35:50

Banking stocks fell up to 3% after RBI imposed stricter forex position limits, raising concerns over potential mark-to-market losses of Rs 4,000 crore. Analysts warn unwinding large arbitrage trades could hit Q4 earnings, though some market participants believe earlier gains m...

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