RBI cancelling T-Bills auction and taking much lesser amount in OMO auction has helped in keeping yields down, which is currently a little less than 8%. If there are no measures coming from the central bank until policy, then yields may drift further down, says Neeraj Gambhir, Managing Director & Co-Head, Fixed Income India, Nomura India.
first published: Jul 22, 2013 12:55 pm
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