They are stocking up on corporate bonds and state government securities to boost yield on their portfolio, according to market participants.
"Definitely, if there is a good spread available and without lower credit risk, those instruments will be favoured to boost the yield on the portfolio.
There will be high demand for good-rated papers, on account of keeping them in HTM as under the new norm, nonstatutory liquidity ratio (SLR) portfolio can be kept in HTM," said VRC Reddy, head of treasury at Karur Vysya Bank.
This story is from the April 11, 2024 edition of Business Standard.
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This story is from the April 11, 2024 edition of Business Standard.
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