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    • 25 bps rate cut won't push bonds further: HDFC Bank

      The rally in government‘s 10-year bond continues from its 26 month high levels on the hope of a rate cut by the Reserve Bank of India (RBI) at the end of this month. Ajay Marwaha of HDFC Bank told CNBC-TV18 that he believes a 25 bps cut, as expected by the street, to be a reality on January 29.

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