Groww’s co-founder Ishan Bansal expressed optimism following the company’s strong stock market debut, highlighting a focus on long-term growth through customer acquisition, product expansion, and technological investment. The company plans to leverage India’s underpenetrated market and has significantly upgraded its infrastructure to support future growth, while maintaining a confident outlook on its valuation and profitability.
Lenders may turn to OFCB route to raise more funds abroad
Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic pivot comes in light of an