The shares will be sold at a floor price of ₹258.50 a share, which translates into more than a 5% discount to Wednesday’s closing price of ₹272.80 on the National Stock Exchange.
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,