A significant amount of pre-IPO shares, valued at $69 billion, will become available for trading soon. Lock-in periods for shares in 87 companies are expiring over the next three months. This could lead to increased supply in the market. Some companies have already seen their shares unlocked.
RBI proposes easing rules for mutual funds, insurers to acquire higher stake in banks
The RBI has proposed one-time approval for mutual funds, insurers and pension funds to increase bank shareholding up to 10% without repeated regulatory clearance. The