The Reserve Bank of India held policy rates steady but lowered the cash reserve ratio to potentially ease borrowing costs. GDP growth projections for FY25 were reduced to 6.6% while inflation estimates were raised to 4.8%. The central bank also temporarily lifted the cap on interest rates on US dollar deposits to address the rupee’s slide.
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
March 10, 2025