Fear over IPO Street eases, Syrma SGS issue's the 1st offer after 80 days https://ift.tt/75WDHXP Industries' IPO, which closed on May 26, was the last issue of 2022. Between January and May this year, 16 companies including LIC raised ₹40,310 crore compared to ₹1.19 lakh crore raised by 63 companies in 2021.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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