Panicky banks dump unlisted bonds

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Freny Patel Mumbai
Last Updated : Jan 28 2013 | 2:33 AM IST
 Certain foreign banks are also seen to be selling top-rated unlisted securities in the market, in keeping with their internal norms on trading portfolio, as they do not wish to shift these bonds to their investment books.

 As a result, yields have risen as much as 15-20 basis points in the last couple of trading sessions since the Reserve Bank of India capped banks
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First Published: Nov 17 2003 | 12:00 AM IST