Keki Mistry, Former VC & CEO of HDFC, lauded the RBI’s 50 bps CRR cut, injecting ₹1.16 trillion into the system. This move is expected to lower banks’ funding costs, benefiting consumers without squeezing margins. Mistry predicts a GDP growth of 6.7-6.8%, exceeding RBI’s 6.6% forecast, driven by a reviving rural economy and urban pickup.
NCLAT upholds ICICI Securities delisting, dismisses minority shareholder objections
The NCLAT upheld the NCLT’s approval of ICICI Securities’ delisting, dismissing appeals by Quantum Mutual Fund and Manu Rishi Guptha. The tribunal ruled that objections