The Reserve Bank of India (RBI) has removed the cap on how much banks can invest in bonds they intend to hold to maturity. This move is expected to increase their appetite for government securities and benefit their bottom lines. Government bonds are the most common form of investment in this category. The removal of the cap will also reduce earnings volatility and drive mark-to-market gains for lenders.
from Banking/Finance-Industry-Economic Times https://ift.tt/cMWkCIB
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