NSDL’s upcoming IPO is set to generate substantial wealth for early institutional investors like SBI and IDBI Bank, potentially yielding returns as high as 39,900%. Driven partly by regulatory mandates requiring shareholding dilution, the IPO allows these shareholders to capitalize on their long-term investments.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction