Jainik Power and Cables’ ₹51.30 crore SME IPO opens today, aiming to fund expansion, working capital, and loan repayment, with shares set to list on NSE SME by June 17.
RBI eases restrictions on cash credit accounts, eases current account norms
The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans.