Hindustan Zinc Share Price: Hindustan Zinc’s shares fell by around 5%, marking a 20% drop over the past week, as its offer for sale (OFS) opened for retail investors. Non-retail investors had oversubscribed the offered shares. Vedanta is planning to demerge its operations to manage refinancing risks and lessen its dependence on dividends from Vedanta Resources Ltd.
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,