Bajaj Housing Finance made a remarkable debut on the stock market, listing at ₹150, a 115% increase from its IPO price of ₹70. The stock closed at ₹165, making it the most valuable in its segment with a market cap of ₹1.37 lakh crore. Analysts predict further gains in the near term.
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,