Morgan Stanley bought 6.7 lakh shares in Niyogin Fintech at Rs 55.65 per share via a block deal. Think India Opportunities Master Fund LP was the seller. The stock surged 15% on the news. Niyogin Fintech has a market cap of Rs 591.87 crore.
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,