Milky Mist Dairy Food has filed for a ₹2,035 crore IPO, including a ₹1,785 crore fresh issue. Funds will be used for debt repayment, capacity expansion, and distribution network enhancement. The company focuses exclusively on value-added dairy products.
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,