Midcaps like Bank of Maharashtra surged 4%, showing how deep the impact runs. This isn’t a small win; it’s a signal that India’s banking system just got a serious liquidity boost, helping stabilize the rupee and calm market nerves. ICICI, Axis, and HDFC led the rally, but the real story? The RBI’s special USD-INR swap trick pulled in more cash than anyone expected; and it’s already changing the game for investors. If you’re watching banking stocks, this is the kind of move that can reshape portfolios without loud headlines.