Shares of railway stocks dipped after Finance Minister Nirmala Sitharaman’s interim budget presentation. The government plans to invest Rs 11.11 lakh crore in the rail sector for 2024-25, including converting 40,000 rail bogies to Vande Bharat standards and creating three rail connectivity corridors.
FCNR(B) windfall for banks explained: Who got highest inflows and what it means for investors
FCNR(B) deposits offer banks a cheaper and balance-sheet-efficient source of funding, but their finite tenor and initial deployment challenges could pressure margins. While ICICI Bank