A short-term bet on Bharat Bond ETF can help earn a return of up to 6.58% https://ifttt.com/images/no_image_card.png"If you hold till maturity, you can earn about 150-175 basis points higher returns than bank fixed deposits with good liquidity," said Harshvardhan Roongta, CFP, Roongta Securities. A fixed deposit with HDFC Bank of six months to a year would fetch 4.65% in interest, while that with SBI for 180-210 days would return 4.4%.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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