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"The Cash Management products seek to provide safety of principal, while providing a competitive rate of return, commensurate with low risk and superior liquidity. It is meant to generate optimum accrual return with no mark to market volatility along with high credit quality."
"Creation of surplus cash is a regular occurrence in any emerging market. A lot of Indian corporates have surplus cash in preparation for further expansion plans new projects in the immediate future. In light of this, one needs to explore opportunities for effective deployment of such surplus cash."
"Though the world economy faces a huge output gap and the inflationary expectations remain subdued, these factors will remain favorable for the bond markets. Corporate spreads may squeeze further as some clarity on supply issue emerges."