RBI’s Measures Bring Relief To Banking Community: Ajay Marwaha
  • Gaurav Sarkar
  • Aug 21 2013

HDFC Bank’s Head- Trading and Treasury, Ajay Marwaha states that there will be massive amount of succour coming in for bond markets since they have been in a state of turmoil for a while now. Marwaha points out that bonds have hit levels that were unseen and unheard of; a 10-year bond moved Rs. 14 in a space of three weeks, which is unprecedented. However, he advises investors to look at the situation with some amount of salt.