Mutual funds in Mumbai are struggling to find experienced short-sellers. This is due to the rise of specialised investment funds. These funds require expertise in betting against stocks. A decade-long bull market has discouraged short-selling. Regulations and pay are also hindering recruitment. Experts believe the timing is right for long-short funds. They await regulatory easing for better performance.
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,