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HDFC bonds can't retain infra tag after merger: RBI

CFO News

"The RBI has communicated to HDFC Bank that there is a technical hurdle in giving the infrastructure tag to bonds issued by the former HDFC Ltd because those were issued by an NBFC (non-banking finance company) and norms for treatment of bonds are different for banks and NBFCs," a person close to the development told ET.

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Adani group: Don’t catch a falling knife, says Deepak Shenoy

CFO News

“The large banks, specifically Kotak, ICICI and HDFC are probably decent to be with. But numbers look attractive and the PSU tag is the only thing that keeps me worried about it.” SBI is one of those stocks which I have never been able to get myself to buy and hold for a long time.

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