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What is the difference between S-HNI and B-HNI applications?
Applications up to ₹10 lakh fall under the S-HNI (sNII) category, while applications above ₹10 lakh are classified as B-HNI (bNII). A high no. of applications from B-HNIs usually indicates leveraged bidding, while strong S-HNI participation often signals genuine high-net-worth investor confidence.