The Reserve Bank of India is expected to announce a rate hike on April 6, following a review of its monetary policy. The central bank has raised the repo rate, the rate at which it lends to banks, by a cumulative 250 basis points since May 2022, and Thursday’s announcement could be the second hike of the calendar year.
Lalithaa Jewellery Mart IPO allotment expected today; GMP at 27% — Here’s how to check status
The IPO, which opened for subscription on August 17 and closed on August 19, received an overwhelming response, with the issue subscribed 62.97 times overall.