Indian bonds debuted in JP Morgan’s GBI-EM global index suite on Friday, with the country expected to reach a maximum weight of 10% in the GBI-EM Global Diversified Index over a 10-month period. JP Morgan’s analysts expect foreign investment worth $20-25 billion to flow to the local bond market from the move.
Margin pressure to continue, banks with improved fee income will fare better: Rajneesh Karnatak, Bank of India
Internationally, we are present in 15 countries – US, UK, France, Belgium, Singapore, Japan, New Zealand and Africa, and so on. The GDP in these