The National Stock Exchange of India (NSE) has reported strong financial results for the March quarter with a 32% YoY growth in operating income to Rs 3295 crore. The NSE reported total operating income of Rs 11,181 crore for the year-ended March, a 44% growth compared to the previous year.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,