See exactly what happens is that if for example, customer has not paid rent for a long time then banks can open the locker as they had this power. But now they can open the locker but only in the presence of customer that has been clarified in this.
BofA initiates coverage on Polycab, KEI with buy ratings; sees up to 22% upside
BofA expects India’s wires and cables industry to grow at a 14% compound annual rate between FY26 and FY29, supported by spending on infrastructure, renewable