ICICI, Yes, Axis Bank, HDFC shares rise ahead of the RBI decision The Reserve Bank of India (RBI) is set to announce its monetary policy decision on Friday, and the anticipation has already caused a surge in the shares of ICICI, Yes, Axis Bank, and HDFC. The four banks are among the largest in India, and their shares have been on the rise in recent weeks. Investors are optimistic that the RBI will announce measures to boost the economy, which has been hit hard by the COVID-19 pandemic. The central bank has already cut interest rates by 115 basis points this year, and there are expectations that it will cut rates further to stimulate growth. ICICI Bank, one of India's largest private sector banks, saw its shares rise by 2.5% on Thursday, while Yes Bank, another private sector bank, saw its shares rise by 3.5%. Axis Bank, the third largest private sector bank in India, saw its shares rise by 2.8%, and HDFC Bank, the largest private sector bank in India, saw its shares rise by 1.5%. The rise in share prices is a reflection of the optimism among investors that the RBI will announce measures to boost the economy. The central bank has already taken several steps to support the economy, including providing liquidity to banks and easing lending norms. The RBI has also announced a loan restructuring scheme for borrowers who have been impacted by the pandemic. The scheme allows borrowers to extend their loan repayment period by up to two years, which will provide them with some relief during these difficult times. The RBI's decision on Friday will be closely watched by investors, as it will have a significant impact on the economy. The central bank has a crucial role to play in supporting the economy, and its decisions will be critical in determining the direction of the economy in the coming months. In conclusion, the rise in share prices of ICICI, Yes, Axis Bank, and HDFC ahead of the RBI decision is a reflection of the optimism among investors that the central bank will announce measures to boost the economy. The RBI's decision on Friday will be closely watched by investors, and it will have a significant impact on the economy.