Six new public offers are gearing up to launch in the SME market segment next week, with no new IPOs on the mainboard. These include Rajesh Power Services, Rajputana Biodiesel, Abha Power and Steel, Apex Ecotech, Agarwal Toughened Glass, and Ganesh Infraworld. Additionally, four companies, including Enviro Infra Engineers and NTPC Green, will be listed following their IPOs last week.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,