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Banking stocks end with gains after RBI leaves key lending rate unchanged

The highest gainer was Federal Bank Ltd, which rallied 2.2% to end at Rs 104.4

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S&P BSE BANKEX ended 1.07 per cent higher at 44,683.73.

2 min read Last Updated : Feb 10 2022 | 5:34 PM IST

Banking sector stocks on Thursday ended in green after the central bank's monetary policy committee decided to keep the benchmark interest rate unchanged at 4 per cent and decided to continue with its accommodative stance.

Barring Bank of Baroda, shares of all other lenders in the S&P BSE BANKEX index ended with gains.

The highest gainer was Federal Bank Ltd, which rallied 2.2 per cent to end at Rs 104.4.

HDFC Bank jumped 1.77 per cent, Kotak Mahindra Bank was up 1.6 per cent and State Bank of India ended the day with 0.99 per cent gain.

Also, AU Small Finance Bank Ltd closed

Topics : Lending Rate Reserve Bank of India Banking stocks

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