A reddit user posted a query on the mutual fund community that as FD rates have dropped below 7%. Is it worth switching to debt funds now, and how do repo rates affect both? He posted that HDFC Bank has slashed the rate from 7.35% initially to 7% then and now to 6.85%.
Indostar banks on improving asset quality, branch expansion for growth
Indostar Capital share price: Indostar Capital shares jumped 21% post-Q4 results on strong net interest income, better asset quality, and cost rationalisation. Focused expansion and