March 6, 2025 2:00 PM

RBI’s ₹1.9 lakh crore liquidity injection seen as a boost for banks

The Reserve Bank of India's (RBI) decision to inject ₹1.9 lakh crore into the banking system has been welcomed by financial markets, with bank stocks witnessing gains on Thursday. Both private and public sector banks, along with Non-Banking Financial Companies (NBFCs), saw an uptick in stock prices following the announcement. The Nifty PSU Bank index surged 1.46% to an intraday high of 5,976.75, while the Nifty Bank index climbed 0.72%, reaching 48,839.10. The Nifty Private Bank index also re...