Sabharwal sees market correction due to weight, not elections. Global markets flourish, India shifts investments to China. Sabharwal says: “My base case is continuity and to that extent we would be more near 12% to 15% cash and waiting to buy into stocks and sectors which we think would offer outperformance potential over the next one year.”
ICICI Bank raises $17.9 billion through FCNR(B) window, boosts lending liquidity
ICICI Bank secured approximately $17.88 billion via the RBI’s special swap facility. This mobilization provides the bank with substantial foreign-currency funding for loans. Loans extended