Lenders have argued that such investments are highly liquid, comparable to lower-quality assets and that their inclusion in liquidity calculations could reduce the share of deposits banks must allocate for liquidity ratios, thereby freeing up capital for lending, they said.
Avoid euphoric valuations, keep cash for better entry points: Pankaj Tibrewal
Pankaj Tibrewal of IKIGAI Asset Managers finds current valuations too high for new investments. Defence sector valuations are especially prohibitive. Cement sector, particularly in South