Banking stocks fall sharply on Cobrapost expose

Shares in private sector banks fell sharply on Friday sending the broader Sensex and Nifty benchmarks lower. On Thursday, Cobrapost, an online magazine, claimed to have caught on camera what it described as a massive expose, which allegedly proved that some of the largest private sector banks in the country help in money-laundering. The banks involved have denied the accusations. (Read full story here) ICICI Bank, India's bigges...