Shareholder lock-ins worth $867 million in 10 companies will be lifted between December 9 and 13, according to a report by IIFL Alternate Research. While this value pertains to the total lock-in opening shares, it is important to note that not all of these shares will be available for sale, as a sizable portion is held by promoters and groups.
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,