Banks offer semi-fixed loans to deploy surplus liquidity
Banks are deploying surplus liquidity through new mortgage products. HSBC and Kotak Mahindra Bank lead with semi-fixed home loan options. These products offer fixed rates for a period before switching. This strategy aims to protect lending margins amid interest rate uncertainty. Surplus funds are also being considered for government securities.
Jio sets eyes on Navratri-Diwali period to launch mega $4 billion IPO
Jio is likely to finalise the exact dates within a couple of weeks after which it would initiate roadshows overseas before holding them at home, said a source close to the development.
NSE’s mega IPO moves closer as SC approves Sebi settlement
In a pivotal decision, the Supreme Court has validated the National Stock Exchange’s settlement concerning the co-location and dark fibre matters. This marks a crucial step forward as the exchange readies for its initial public offering, expected to attract nearly thirty-one thousand crore rupees. Once completed, this IPO could become the second-largest in the nation, […]