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The Economic Times

Markets / The Economic Times

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

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 may offset part of the impact.

30 Mar 2026 10:05 am