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Aug 09, 2012, 08.35 AM IST

10-yr yield seen between 8.10-8.14%: Mohan Shenoi

The Finance Minister's statement on the need for interest rates to be brought down, says Mohan Shenoi, Kotak Mahindra Bank.

Mohan Shenoi, Treasurer ,Kotak Mahindra Bank

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Mohan Shenoi, Kotak Mahindra Bank said, "The Finance Minister's statement on the need for interest rates to be brought down and the expectation of a lower IIP today at 0.80% will keep the undertone in the bond market bullish. The range for the 10-year yield is seen between 8.10-8.14%."


Tags: Mohan Shenoi, Kotak Mahindra Bank, Finance Minister, interest, rates, IIP, bond, market, yield
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