Nifty falls more than 2 pct as rupee hits record low

MUMBAI (Reuters) - The Nifty fell more than 2 percent on Tuesday as shares in lenders such as Yes Bank slumped on fears the RBI would announce new cash-draining measures to defend the rupee after it hit a record low.

Yes Bank was down 6.3 percent, while both HDFC Bank and ICICI Bank fell 3.7 percent.

The Nifty was down 2.17 percent, while the Sensex fell 2.04 percent.

(Reporting by Abhishek Vishnoi; Editing by Prateek Chatterjee)