On Monday, India’s benchmark Sensex climbed approximately 611 points to close at 81,698. During this rise, seven stocks in the BSE IT index hit their highest prices in the past year, marking a significant milestone.
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,