Niva Bupa Healthcare has announced its initial public offering (IPO), aiming to raise Rs 800 crore. The IPO, open for subscription until November 11, includes a fresh issue and an offer for sale by existing shareholders. The company plans to use the proceeds to strengthen its capital base and support future growth.
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,