Quadrant Future Tek IPO opens today with a fresh equity issue set to raise Rs 290 crore. The price band is fixed at Rs 275-290 per share. The company’s focus on specialty cables and train control systems positions it well in a growing market, with analysts recommending subscription.
ATM withdrawals make SBI richer, other PSBs poorer
State Bank of India earned Rs 331 crore from ATM cash withdrawals in 2023-24, while other state-owned banks collectively lost Rs 925 crore. SBI dominates