Waaree shares fell 4.2% to ₹2,279.8 and Premier declined 2.2% to ₹889.8 on Wednesday. Bernstein said Waaree and Premier face the risk of deep-pocketed bigger groups entering the space.
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,