Barflex Polyfilms IPO was subscribed nearly 141 times at close due to bidding largely driven by non-institutional investors. The company, which offered a mere 47 lakh shares, received bids for nearly 66 crore shares.
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,