As a result of this inclusion, RVNL is expected to attract passive fund inflows amounting to $219 million, while Vodafone Idea may receive an estimated $278 million, according to projections by the domestic brokerage firm Nuvama Alternative & Quantitative Research.
RBI rate cut to support growth; when credit offtake rises, so will deposits: Axis Bank CEO Amitabh Chaudhry
Amitabh Chaudhry of Axis Bank believes India’s growth remains strong despite global issues. He anticipates increased credit demand following rate cuts. Japanese banks’ entry signals