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Indian bank stocks are falling after the Reserve Bank of India warned of increasing risks of bad loans.
The Reserve Bank of India stated that it expects bad loans to increase by 2026, leading to a decline in some Indian bank stocks. HDFC Bank fell 0.7% at one point, ICICI Bank fell 1%, Axis Bank fell 1.1%, IndusInd Bank fell 0.9%, and Punjab National Bank fell 0.8%. According to the financial stability report released by the Reserve Bank of India on Monday, the total ratio of non-performing assets in the Indian banking sector could rise from 2.6% in September this year to 3% by March 2026.
Sg Lion : Transactions in Singapore must be exchanged for US dollars to buy US stocks, right?
104757341 OP Sg Lion : Yup
sentosa island : What is GCB from
Sg Lion 104757341 OP : I think there are also people who make money that is settled in Singapore currency? Is it an option or something?
Eewin Woon : Do you really want to do this? Is HDB for the elderly?
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