This is with reference to “Uncertain bond market casts shadow on economy” (March 14). As the recent macro data of headline inflation for February 2018 stands at 4.4 per cent, a tad lower than the Reserve Bank of India’s (RBI) forecast of 5.1 per cent for March 2018, the RBI may not ease the policy rate of interest and hence, a further spike in bond yield cannot be ruled out.
Lower credit offtake has forced the banks to move their exposure from loan book to investment book. As a result, a bank’s treasury holds, on an average, more than
Lower credit offtake has forced the banks to move their exposure from loan book to investment book. As a result, a bank’s treasury holds, on an average, more than
