Indian shares slide; RBI disappoints by keeping rates on hold

Newswire

* BSE index down 1 pct; NSE down 1.2 pct * RBI leaves interest rates unchanged, cuts CRR by 25 bps * Increases banks' provisioning against restructured assets MUMBAI, Oct 30 (Reuters) - India's main stock indexes dropped around 1 percent each on Tuesday after the central bank left interest rates on hold and signalled no easing action would be taken until the first few months of 2013, denting shares of lenders such as SBI. Banks, especially state-owned ones, were further hurt ...

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