Wednesday, March 18
The Reserve Bank of India on Friday kept interest rates unchanged and maintained a neutral policy stance, signalling continuity even as the economic backdrop turns more supportive. The decision follows a week of positive developments, including higher government spending outlined in the Union Budget and fresh momentum on trade ties with the United States and the European Union.While the central bank expressed confidence in domestic growth prospects, it also flagged evolving inflation dynamics amid global trade uncertainty and financial market volatility. Together, these signals will shape how borrowers, investors and businesses read the RBI’s next moves.Here is a quick look at the likely key takeaways from the MPC today: Repo rate: Held at 5.25%, neutral stance retainedThe RBI kept the b
Fractal Analytics on Friday said it has raised Rs 1,249 crore from anchor investors ahead of its proposed initial public offering (IPO), after allotting 1,38,69,499 equity shares to 52 anchor investors at the upper end of the price band of Rs 900 per share.The IPO will open for public subscription on Monday, February 9, and close on Wednesday, February 11. The price band has been fixed at Rs 857 to Rs 900 per equity share of face value Rs 1 each, with a minimum bid lot of 16 equity shares.Out of the total anchor allocation, 52,77,680 equity shares (38.05%) were allotted to 11 domestic mutual funds through a total of 22 schemes, indicating strong participation from domestic institutions.The anchor book witnessed demand from several leading mutual funds including SBI Mutual Fund, ICICI Prude
