“We continue to believe that many mid-caps will grow into large caps and several small caps will become mid-caps, but the point is that not all mid-caps will become large caps. And in the same way, not every small cap will transition into a mid-cap. The key here is to find out the right company. Else, a mid-cap can reduce to a small cap while a small cap can whittle down to a micro-cap.”
Indian Bank raises deposit rates by 15 basis points
Indian Bank managing director Binod Kumar had said earlier that the bank does not have surplus liquidity as it shed Rs 10,000 crore of bulk