Property Share Investment REIT IPO, focusing on the PropShare Platina scheme, is set to debut on BSE. The fully subscribed IPO targets a Bangalore office space leased to a US tech firm, with a projected 9% distribution yield in FY26. The investment manager will waive initial management fees and invest in the offering.
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,