IDBI Bank’s shares surged 7% to Rs 94 on BSE after RBI approved ‘fit and proper’ bidders ahead of Union Budget 2024. The bank, earmarked for privatization, awaited RBI’s nod for bidders meeting regulatory norms to progress in the privatization process.
Treasuries were stable in early Asian trading after rallying across the curve Wednesday. The US 10-year yield dropped nine basis points to 4.42% during the
The Indian rupee weakened to a record low of 87.487 per dollar on Wednesday, before closing at 87.465 per dollar, down 40 paisa from its
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