An injection of funds by the RBI implies deficit liquidity conditions in the system. Outflows on account of quarterly corporate advance taxes and goods and services tax have drained banks of funds.
SEBI’s revised PMS framework introduces PRIM, expands investment options and lowers the entry threshold to ₹25 lakh. Industry leaders expect these changes to broaden PMS
Realty firm Prestige Estates has withdrawn its IPO plan for its hotel business amid uncertain market conditions. The company initially aimed to raise Rs 2,700
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