Hemendra M Kothari, Chairman, DSP Asset Managers and Sundararaman Ramamurthy, MD & CEO, BSE, walk down the memory lane to celebrate world’s fastest stock exchange, BSE. “Stock exchange, whether it is Bombay Stock Exchange or National Stock Exchange, it definitely gives a lot of interest to the world. In 1984, I started talking about getting foreign investors and two years it took me to get first approval to create a country fund.”
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,