The country’s largest insurer – which has a total asset under management (AUM) of ₹53.5 lakh crore including 40% in government bond books – is geared up to soon enter either the market for bond forward rate agreements (FRA) or actual bond forwards and has been making market enquiries about the matter, multiple bank treasury executives told ET.
Citi India has capital buffer to last 2 years after retail exit: K Balasubramanian
Citigroup’s strategic shift to focus on corporate operations in India post-retail business sale to Axis Bank has yielded significant growth. The bank witnessed a substantial