Yes, essentially, valuations are high. But the markets also see that there is a monetary easing cycle around the corner, so I think that is creating a push and pull. On top of that, we have huge promoter and private equity sales coming up.
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,
December 8, 2025