The primary market remains quiet with two IPOs from the SME sector scheduled for next week, while mainboard activity is still lacking. Analysts maintain a positive outlook with significant IPO activity expected in the coming years, including major companies planning to go public.
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,