Overseas investors, FPIs, NSDL data show ₹12,519 crore sold in 11 sectors between June 1-15. Oil & gas, construction, IT, metals & mining saw money shift. Oil & gas had largest selling at ₹3,683 crore in June’s first fortnight.
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,