Indegene IPO shares are trading with a GMP of Rs 290 in the unlisted market, and considering the upper price band of Rs 490, the stock is expected to list with a premium of over 60%. Ahead of the issue opening, the company raised nearly Rs 549 crore from anchor investors.
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,