Supreme Facility Management’s Rs 50 crore SME IPO opened for subscription on December 11 and closes on December 13. The company offers integrated facility management services and aims to list on NSE SME. Priced at Rs 72-76 per share, the IPO will utilize proceeds for working capital, new store openings, and corporate purposes.
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,