Zinka Logistics IPO: The Bengaluru-based company has set a price band of Rs 259-273 per share for its offer. The issue includes a fresh share issuance worth Rs 550 crore and an offer for sale (OFS) from existing shareholders of up to 2,06,85,800 shares, valued at Rs 564.72 crore at the upper end of the price range.
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,