Sebi Chairman Tuhin Kanta Pandey on Monday said Indian equity markets are not so volatile despite the turmoil being witnessed across the world. He said the volatility index (VIX) value in India is less than 14 at the current juncture, which is about the same level as in September last year.
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,