Analysts believe Zomato’s stock can deliver up to 51% returns from the current levels despite lingering concerns over a second straight quarterly decline in food delivery volume at the Gurugram-based food-tech firm.
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,