The minutes indicated increased optimism among participants about the path of inflation, noting “clear progress.” The committee expressed a willingness to cut the benchmark lending rate in 2024 should that trend continue, though the timing of such a move remained uncertain.
ICICI Pru AMC IPO Day 3: Issue subscribed over 39 times on final day
ICICI Prudential AMC’s IPO entered its final day of bidding amid strong investor interest, supported by a firm grey market premium. Robust demand across investor