Bank stocks in focus as RBI announces measures to manage liquidity conditions

Bank stocks in Focus: Following the RBI's announcement, yields on the 10-year benchmark government securities are expected to dip toward 6.60% on Tuesday. On Monday, yields on the 10-year benchmark government security fell to a nearly three-year low of 6.64% intraday, driven by expectations of a possible rate cut ahead of the monetary policy meeting on February 7.