Reserve Bank of India tightening squeezes lenders - FT.com:
"Indian bank stocks fell heavily again on Wednesday in the aftermath of moves by the Reserve Bank of India to tighten liquidity, hit by concerns about a rise in the cost of funding.
Private institution Yes Bank was the hardest hit by plans announced late on Tuesday by the central bank to augment last week’s measures aimed at siphoning money from India’s economy to underpin the rupee, which has fallen to record lows."
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