Capital Infra Trust, sponsored by Gawar Construction Ltd, sets a price band of Rs 99-100 per unit for its Rs 1,578-crore IPO opening on January 7 and concluding on January 9. The funds raised will be used to repay/pre-pay loans, including unsecured loans from the sponsor.
Patchy rains may hit rural lending, banks stay cautious
Bankers are closely watching monsoon rains and their impact on rural credit. Uneven rainfall poses inflation risks for summer crops and rural incomes. A strong