RBI had lowered the repo rate by 25 basis points for the second time in a row to 6% and changed its stance to ‘accommodative’ from ‘neutral’ on April 9. He hinted at further rate cuts by adding that “going forward too, considering the evolving growth-inflation trajectories, monetary policy needs to be accommodative.”
NSE IPO closes with 5.71x subscription, bids cross Rs 90,000 crore
Investor enthusiasm surged on the final day of the National Stock Exchange’s landmark IPO, with qualified institutional buyers oversubscribing their segment by more than twelve