The government’s offer to sell its stake in Central Bank of India saw strong investor interest. The two-day issue closed on Monday with an overall subscription of 1.28 times. Institutional investors showed significant participation. Retail investors also placed bids for shares. The government aimed to divest up to an 8% stake in the bank.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend