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Revving
Up the Bond Market*
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Sep
12th 2016, C.P. Chandrasekhar
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The
new measures announced by the RBI aim at making the
conservative institutional investors more bond-savvy
and the bond market an important source for long term
capital but in the process household savings would be
exposed to increased risk.
*
This
article was originally published in the Economic
and Political Weekly,
vol.51, Issue no. 37, September 10, 2016. |
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