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Bonds of India state-owned banks a key element in portfolio, says EAM

While expecting the Reserve Bank of India to cut rates eventually in response to the US Federal Reserve (Fed) interest rate hike, in the short term Tier 1 capital bonds are still an integral part of HNWI portfolios, says the founder and chief of investment at Trivantage Capital. Consequent to the Fed rate hike, the “erstwhile strategy” of investing in…

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