Foreign Institutional Investors (FIIs) increased their share by volume in companies listed on NSE to 5.95% as of June 30, 2024, up from 5.88% on March 31, 2024, according to data from primeinfobase.com. At the same time, FIIs added to their holdings in Ujjivan Small Finance Bank, Vodafone Idea, and JSW Energy, while trimming their stakes in CarTrade Tech and Route Mobile. Here’s a list:
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,