Modi Shock Ban Boosts Bonds as Biggest Fund Eyes Rate Cuts

Updated on
  • Yields may touch levels not projected so far: ICICI Prudential
  • Bond investors must ‘stay put’ for further six months: Naren

India Pulls Big Bank Bills in Corruption Crackdown

India’s biggest money manager is bullish on local bonds as it expects the government’s crackdown on unaccounted wealth opening up room for more interest-rate cuts.

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