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The Reserve Bank of India s increased scrutiny of banks and other financial firms has resulted in a spate of supervisory restrictions, most recently on two Edelweiss Group companies for engaging.
Repo rate cut which is expected to take place later this year would kick off the onset of low interest rate cycle in the market. So, once RBI brings the repo rate down, banks would follow the suit by slashing the interest rates which they offer on fixed deposits
Following shares hit their 52 week high today - Macrotech Developers, Bharat Electronics, Eicher Motors, Interglobe Aviation, Indian Railway Catering & Tourism Corporation