Saas company Excelsoft Technologies has filed its draft red herring prospectus (DRHP) with capital markets regulator Sebi to raise Rs 700 crore through an IPO.
Bankers are closely watching monsoon rains and their impact on rural credit. Uneven rainfall poses inflation risks for summer crops and rural incomes. A strong
Banks’ leverage on FCNR(B) deposits could pressure profit margins. Overseas interest rates are lower, and lending spreads remain thin. This impacts banks with lower funding
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