Shree Refrigerations is set for a strong debut on the BSE SME platform, with grey market premiums suggesting a listing price of around ₹195, a 56% jump over the IPO price of ₹125. The IPO saw overwhelming investor interest, subscribing 187.55 times overall.
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.