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-Singapore's DBS welcomes easing of tensions between Indian central bank and government

Nov 20, 2018 - Global Banking News

Global Banking News - 20 November 2018

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INR bonds have retained recent gains but struggled to make further headway.

The bank said that the outcome would be positive for Indian Rupee (INR) assets and predicted 'knee jerk gains in bonds.'

Singapore-based DBS (D05.SI) has welcomed the news that tensions between the Indian government and the central bank have been resolved.