ICICI Bank Says Indian Bonds Face Hurdle as Stocks Lure Savings
Indian bonds have limited scope to rally as a shift in household savings to equities and changes to banks’ investment rules dampen demand for long-term debt, according to a senior executive at ICICI Bank Ltd.
Indian bonds have limited scope to rally as a shift in household savings to equities and changes to banks’ investment rules dampen demand for long-term debt, according to a senior executive at ICICI Bank Ltd.
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