Surpassing behemoths like Pepsico, Novartis, Industrial and Commercial Bank of China, and SAP in the past week, RIL holds the 48th position currently in the list of the most-valuable companies in the world.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,