Aegis Vopak Terminals raised ₹1,260 crore from 32 anchor investors ahead of its ₹2,800 crore IPO opening May 26. Key investors include global funds and domestic mutual funds. The IPO is entirely a fresh issue with no offer-for-sale component.
RBI rate cut to support growth; when credit offtake rises, so will deposits: Axis Bank CEO Amitabh Chaudhry
Amitabh Chaudhry of Axis Bank believes India’s growth remains strong despite global issues. He anticipates increased credit demand following rate cuts. Japanese banks’ entry signals