Sensex falls nearly 1 percent; new RBI steps hit banks

MUMBAI (Reuters) - The BSE Sensex fell nearly 1 percent on Wednesday, retreating from its highest close in 2-1/2 years in the previous session, as lenders such as IndusInd Bank slumped after the central bank further tightened cash conditions to shore up the rupee.

IndusInd Bank provisionally fell 8.4 percent, while Yes Bank ended 13 percent lower.

The BSE Sensex provisionally fell 0.91 percent after five consecutive sessions of gains, while the 50-share Nifty ended down 1.44 percent. (Reporting by Abhishek Vishnoi; Editing by Subhranshu Sahu)