Boss Packaging Solutions, criticized for its shabby office, saw its shares debut at a 25% premium on the NSE SME platform. The IPO aimed to raise Rs 8 crore but received bids over Rs 1,000 crore. The company plans to use the proceeds for machinery purchase and working capital.
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,