Morgan Stanley maintained a positive view of private sector banks such as ICICI Bank and Axis Bank. Indian banks’ balance sheets are much stronger now, said Morgan Stanley. The global investment bank expects margins to moderate over the next 4 quarters. However, it remains watchful on deposit growth amid elevated inflation.
India Expo Centre operator files IPO DRHP with Sebi. Check details
India Exposition Mart has filed draft IPO papers with Sebi, comprising a fresh issue of up to 75 lakh shares and an offer for sale