India's bank stocks hit record highs as positive GDP growth, lower deposit rates, and RBI policy easing boost sector momentum.

• Bank stocks rise on strong GDP growth expectations and reduced cost of funds from rate cuts and CRR reductions.
• HDFC Bank hits lifetime high as IPO buzz and robust balance sheets drive investor confidence in the banking sector.
• NSEBANK surges 12.5% YTD, outpacing the Nifty 50 amid favorable domestic economic and policy conditions.