The lender has fixed a price band of Rs 268-282 per equity share for the IPO. Investors can bid for a minimum of 53 shares and in multiples thereafter. About 50% of the offer is reserved for qualified institutional buyers, 35% for retail investors, and 15% for non-institutional investors.
What does a rate cut after 5 years mean for the economy? Dinesh Kumar Khara explains
Dinesh Kumar Khara emphasizes that the adoption of the repo rate as an external benchmark by banks will ensure quick transmission of policy rate changes