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Risk-Averse Private Banks Flock To The Safety Of Bonds
Flush with liquidity but reluctant to take on credit risk, Indian lenders have stepped up investments in bonds.
31 Jul 2020, 10:09 AM IST
Flush with liquidity but reluctant to take on credit risk, Indian lenders have stepped up investments in government and corporate bonds.Private lenders, that have reported earnings for the quarter ended June so far, have shown a sharp jump in their investment books sequentially, while loan books have stagnated.Data compiled by BloombergQuint showed that investment books for the 13 private banks that have declared earnings rose over 8...
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