RBI Urges Banks to Lower Lending Rates for Faster Credit Flow After Policy Rate Cuts In a recent bulletin published in June 2025, the Reserve Bank of India (RBI) has called on banks to further reduce lending rates to ensure quicker and more effective transmission of recent policy rate cuts to borrowers. This move comes…
The RBI’s bulletin showed a decline in its short dollar position to $73 billion, with outstanding positions of up to three months falling to \$15 billion, experts noted. The Indian Rupee opened stronger on Thursday, gaining ground against the US Dollar due to a decline in global dollar strength and easing geopolitical tensions in West…
Closing Bell: Sensex Gains 700 Points, Nifty Surpasses 25,200 as Markets End Strong Indian stock markets closed on a strong note on Tuesday, with benchmark indices rallying sharply. The BSE Sensex surged over 700 points, while the NSE Nifty 50 closed above the 25,200 mark, led by broad-based buying across sectors. Key stocks like Infosys…
Indogulf Cropsciences IPO to Open on June 26: Key Details, Price Band, and Company Overview Indogulf Cropsciences Limited, a company specializing in agricultural inputs, is all set to launch its ₹200 crore Initial Public Offering (IPO) on June 26, 2025. The IPO will remain open for subscription until June 30, 2025, offering investors a blend…
Sambhv Steel Tubes IPO to Open on June 25: ₹540 Crore Issue, Price Band at ₹77–₹82 Sambhv Steel Tubes Limited, a leading player in the ERW steel pipes and structural tubes segment, is all set to launch its Initial Public Offering (IPO) on June 25, 2025. The public issue, worth ₹540 crore, will remain open…
Kalpataru IPO Launches June 24: Key Dates, Price Band, and Company Overview Kalpataru Limited, a prominent real estate developer, is set to launch its much-anticipated Initial Public Offering (IPO) on June 24, 2025. The ₹1,590 crore IPO is a purely fresh issue consisting of 3.84 crore equity shares, aiming to raise capital for business expansion…
Ellenbarrie Industrial Gases IPO Opens June 24: Key Details, Price Band, and Company Insights Ellenbarrie Industrial Gases Limited (EIGL) is all set to hit the primary market with its ₹852.53 crore Initial Public Offering (IPO). The issue is a mix of a fresh issue and an offer for sale (OFS), and will open for public…
Globe Civil Projects IPO Opens June 24: Key Details, Price Band, and Financial Highlights The primary market is set for another active week as Globe Civil Projects Limited prepares to launch its Initial Public Offering (IPO). With strong investor interest in infrastructure and EPC companies, the upcoming IPO is expected to draw notable attention on…
HDB Financial Services Launches ₹12,500 Crore IPO on June 25: Key Details for Investors HDB Financial Services, a prominent retail-focused NBFC backed by HDFC Bank, is all set to launch its highly anticipated Initial Public Offering (IPO) worth ₹12,500 crore. The issue will open for public subscription on June 25, 2025, and close on June…
Mumbai, June 14 — HDFC Bank’s Managing Director and CEO Sashidhar Jagdishan has approached the Bombay High Court, asking it to cancel a police complaint (FIR) filed against him by the Lilavati Kirtilal Mehta Medical Trust, which owns Mumbai’s well-known Lilavati Hospital. Judges Step Aside, Case to Be Heard by Another Bench The case came…