Tata Capital is moving forward with its IPO plans, gaining approval to issue 23 crore new shares while allowing some existing shareholders to exit. The listing preparation process began in December, with Kotak Investment Banking leading. Tata Capital Financial Services, designated by the RBI as systemically important, must complete listing within three years.
Rate cut expected, RBI’s views in focus with economy near a sizzle
Economists anticipate the Reserve Bank of India will reduce interest rates this week. This decision comes amid decreasing inflation. Experts await the central bank’s insights
June 2, 2025