“KNRC remains net debt free and will focus on asset monetization ahead. Due to the monsoon and delays in receivables from the Irrigation segment, the pace of execution is likely to be slow in the near term,” MOSL said.
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,