The most preferred CoCo bonds are those through which banks raise their additional Tier-I capital.
The market believes there will soon be another offer to buy the bonds.
The rupee's strength against its competitor could come to haunt exporters.
The reason for the stickiness in bond yields can be many, but the most responsible is the liquidity deficit stance taken by RBI, says Anup Roy.
The rupee will largely remain stable but with a mild depreciating bias in the next one year
Standard Chartered has appointed Zarin Daruwala of ICICI Bank as its new Chief Executive.
RBI wants periodic revision of the pensions for its retired employees.
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