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Economy

IFR to protect Indian banks from rising bond yields, says Moody’s

Updated : April 09, 2018 10:56 AM IST

Union government’s 10-year bond yield over the past six months was at 7.41% on March 31, 2018 from 6.95% on September 30, 2017
IFR will constitute at least 2% of the banks combined held-for-trading and available-for-sale investment portfolios
IFR to protect Indian banks from rising bond yields, says Moody’s
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