The new norms would also impact net interest margins (NIM) as the stock of low yielding g-sec rises in banks’ books, and intensify competition for retail deposits, the people cited above said.
Northern Arc Capital IPO subscribed 2.87 times on Day 1. Check GMP, other details
Northern Arc Capital’s IPO, which opened for subscription on Monday, saw strong demand, especially from retail investors. The IPO was subscribed 2.87 times on the