English
Specials
    Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessCompaniesBond market has over-reacted to increase in fiscal deficit target: SBI

    Bond market has over-reacted to increase in fiscal deficit target: SBI

    In an interview with CNBC-TV18's Rajnish Kumar, Chairman of State Bank of India (SBI) gave his take on Arun Jaitley's Union Budget, his outlook on the road ahead as well as what is happening with the 10-year yield.

    CNBC-TV18
    February 02, 2018 / 15:43 IST

    In an interview with CNBC-TV18, Rajnish Kumar, Chairman of State Bank of India (SBI) gave his take on Arun Jaitley's Union Budget, his outlook on the road ahead as well as what is happening with the 10-year yield.

    I think the bond market is overreacted, he said.

    According to him, the stability of income for the farmers is a must.

    For full interview, watch accompanying video...

    CNBC-TV18
    first published: Feb 2, 2018 03:09 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347