Moneycontrol
Oct 26, 2017 04:12 PM IST | Source: CNBC-TV18

Expect a pause on RBI policy till end of current financial year: PNB Gilts

PNB Gilts seeing a strong up move in trade as the movement in bond yields helping the company make some outsized gains. In an interview to CNBC-TV18, SK Dubey, MD of PNB Gilts spoke about the latest happenings and his outlook going ahead.

CNBC TV18 @moneycontrolcom

PNB Gilts, a subsidiary of Punjab National Bank (PNB), is seeing a strong up move in trade as the movement in bond yields helping the company make some outsized gains. In an interview to CNBC-TV18, SK Dubey, MD of PNB Gilts spoke about the latest happenings and his outlook going ahead.

The company earns revenue via investment in G-Secs and T-Bills and deals in government securities issued and serviced by Reserve Bank of India (RBI).

Bond market has seen ups and down since last three months, said Dubey.

Talking about RBI policy, he said we are looking at a pause till the end of the current financial year.

However, do not see yields to go down southwards, he said.

Watch accompanying video for more details.
Sections
Follow us on
Available On