The information technology (IT) sector witnessed the highest outflows at ₹6,934 crore after receiving flows worth ₹805 crore in February. In 2024, foreign investors pumped over ₹14,000 crore into the sector.
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,