With stringent rules on IPO financing put in place by the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (Sebi), these lenders are keeping market borrowings at a bare minimum.
Citi bullish on Indian equities, sees Nifty at 28,000 by end-2027
Citi Research projects that India’s benchmark Nifty 50 index could hit 28,000 points by the end of 2027. This forecast is based on strong earnings