Sagility India’s IPO opens today and closes on November 7. The company aims to raise Rs 2106 crore by offering 70.22 crore shares at a price band of Rs 28-30 per share. Analysts have mixed opinions on the IPO due to its offer-for-sale nature and high valuations. The company’s performance could be influenced by the upcoming US presidential election.
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,