On 15th July, 2013, RBI announced measures to tighten liquidity to prop up the rupee.The impact on private bank stocks have been dramatic as can be seen from the table below:
| Symbol |
Close on 15 July, 2013 |
Close on 19 July, 2013 |
Loss |
| YESBANK |
500.35 |
424.6 |
-15.14% |
| INDUSINDBK |
506.35 |
445 |
-12.12% |
| ICICIBANK |
1061.05 |
959.3 |
-9.59% |
| AXISBANK |
1308.9 |
1191.9 |
-8.94% |
| KOTAKBANK |
757.45 |
690.85 |
-8.79% |
| INGVYSYABK |
624.95 |
575.55 |
-7.90% |
| KTKBANK |
112.65 |
104.4 |
-7.32% |
| KARURVYSYA |
433.45 |
410.7 |
-5.25% |
| DCB |
51.95 |
49.6 |
-4.52% |
| FEDERALBNK |
398.85 |
382.2 |
-4.17% |
| DHANBANK |
33.95 |
32.95 |
-2.95% |
| J&KBANK |
1278.45 |
1247.2 |
-2.44% |
| HDFCBANK |
695.45 |
680 |
-2.22% |
| CUB |
53.65 |
53.05 |
-1.12% |
| LAKSHVILAS |
71.9 |
71.6 |
-0.42% |
| SOUTHBANK |
23 |
22.95 |
-0.22% |