Ather Energy’s IPO allotment is expected to be finalized today, following a subscription rate of just over 1.4 times. Investors can check their allotment status via the BSE website or Link Intime. The grey market premium indicates a flat listing, and shares are slated to list on May 7. The IPO aims to raise funds for expansion and R&D.
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,