Public-sector banks News
According to depositories data, foreign portfolio investors (FPIs) infused Rs 16,455 crore in equities during November 1-24, besides, they put in Rs 754 crore in the debt market during the period under review, resulting in an inflow of Rs 17,209 crore (USD 2.65 billion).
The pace of fiscal tightening is likely to slow down next fiscal, with the government's deficit target expected to be higher at 3.7 percent of GDP, says a DBS report.
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