Risk-Averse Private Banks Flock To The Safety Of Bonds
A motorcyclist and passenger travel past branches of ICICI Bank Ltd., HDFC Bank Ltd. and Punjab National Bank (PNB) on a near-empty street in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

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 government and corporate bonds.Private lenders, that have reported earnings for the quarter ...
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