Quality Power Electrical shares will debut on the stock exchange following an IPO offered at Rs 425 per share. The IPO saw a subscription rate of 1.2 times, raising concerns due to a muted grey market premium, suggesting a flat to negative listing debut.
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,