Reserve Bank of India’s unexpected rate cut may boost bank earnings. Analysts predict net interest margins will recover faster than expected. The CRR reduction should soften the impact on margins. It will also improve liquidity. Experts believe this is more beneficial for banks than NBFCs. The rate cut may initially pressure margins.
Safe Enterprises Retail Fixtures shares list at 9% over IPO price on NSE SME platform
Safe Enterprises Retail Fixtures debuted strongly on the NSE SME platform, listing at Rs 151, a 9.4% premium over its IPO price. The company, known