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Good time to increase FII limit in bonds: StanChart

PUBLISHED ON: November 4, 2011 | Duration: 7 min, 13 sec

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Ananth Narayan, Regional Head (Fixed Income, Currencies & Commodities) South Asia at Standard Chartered says the government's borrowing programme has gone a lot higher than anticipated but there is still no surety if the fiscal deficit targets would be met. So, it is a good time for the government to try and bridge the balance of payment, get in some dollars and get some investment in government bond borrowing market.
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