Three NFOs open: Kotak Nifty 10 Equal Weight until April 21; Nippon Nifty 500 Low Volatility & Quality 50 until April 30. Upcoming: Bajaj Next 50, Motilal Infra, Groww Gilt.
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,