RBI Checks Surplus Liquidity In Banking System, Mandates Additional CRR Of 10%
Das added that the prevailing CRR will remain unaffected. The current CRR in India is 4.5%.
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Das added that the prevailing CRR will remain unaffected. The current CRR in India is 4.5%.
Adani-owned Ambuja Cements' recent acquisition is seen helping the company scale up capacity at a lucrative cost and emerge as one of the dominant players in western India over the medium term, although question marks remain over the immediate prospects of the freight-heavy primary building material that is decidedly regional in its pricing dynamics and determination of market power.
Our journey over the past four years has underscored the strength and potential of quant strategies in the Indian market, fueling our eagerness to witness their transformative impact on PMS.
While some brokerages believe there is limited upside as the stock is expensive, others feel the company is well-placed in the long term due to global and domestic growth opportunities.
The June quarter shareholding pattern data shows that FIIs pared their stake in Infosys by another 165 bps to 33.44%. In the case of Tech Mahindra, which will report its Q1 results on Wednesday, FII holding went down by 118 bps to 25.69%.