The authors pointed out that while the increase in term deposit rates in the latest tightening cycle has outstripped that in lending rates, savings deposit rates of banks – which represent a third of total deposits – stayed almost unchanged.
Northern Arc Capital IPO subscribed 2.87 times on Day 1. Check GMP, other details
Northern Arc Capital’s IPO, which opened for subscription on Monday, saw strong demand, especially from retail investors. The IPO was subscribed 2.87 times on the