The government is on the brink of a historic merger between Power Finance Corp and REC, with plans for preferential share allocation to retain public ownership. This initiative could potentially see the government’s stake drop to under 51% after the consolidation.
Prefer short-end corporate bonds, tactical allocation to SDLs: SBI MF CIO
India’s fixed income markets are recalibrating cautiously. While macro fundamentals have improved, elevated borrowing and weak demand shape the bond outlook. SBI Mutual Fund’s CIO