Banking stocks drag mkt lower after RBI dy governor Vishwanathan defends revised framework for bad loans

The BSE bankex dragged the Sensex and Nifty in the red after it fell 241 points (0.85%) to 28,158. Bank Nifty too fell 0.92% or 232 points to 25,102 level. Bank of Baroda (4.02%), Axis Bank (2.60%) and IndusInd Bank (1.23%) were the top losers on BSE Bankex.

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