Manba Finance’s IPO opened for subscription today and will close on September 25. The company aims to raise around Rs 151 crore through a fresh issue of up to 1.25 crore shares. The price band is set at Rs 114-120 per share, with shares trading at a premium in the unlisted market.
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,