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National Children’s Hospital Dr

June 19, 2014

The spread was only 25 basis points. From that perspective, today’s spread of 1.7% is remarkably attractive. The risks are, (a) if banking system liquidity, which has moved from surplus to neutral zone, tightens for some time and (b) the sizable government borrowing program of approximately Rs 10 lakh crore including State Loans, faces hurdles due to RBI’s hard stance.

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