Investors worry that banks are cracking under the strain of unexpectedly fast, large rate hikes over the past year to cool economic activity and inflation and that the banking turmoil may cause a recession if it sets off a credit crunch.
Gaja Alternative Asset Management IPO opens today: GMP at 19% — Should You Subscribe?
The three-day IPO will remain open until August 21, 2026, with the company offering shares in a price band of Rs 152–160 apiece.