Juniper Hotels’ IPO aims to raise around Rs 1,800 crore. The company’s asset-heavy business model and loss-making status have led to mixed views among analysts. The IPO has a price band of Rs 342-360 per share.
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.