Gem Aromatics IPO allotment will be finalized today, with shares set to debut on BSE and NSE on August 26. The IPO, subscribed 30.45 times, saw strong interest from QIBs and NIIs. Investors can check their allotment status via KFinTech or the NSE website.
Shifting Gears: PSBs borrow more to cater to credit demand as deposits lag
Public sector banks are borrowing more to fund lending expansion. Deposits are not keeping pace with credit growth for these banks. Private banks show stronger