HELD TO MATURITY Subject: Economics Context: RBI to hike banks’ HTM limit by 4% of book (Rs 6,136 billion/$84 billion), atop 2.5% in FY21, till FY26 (from FY23 now). This should incentivise banks to invest their money market surplus, of almost $80 billion, in G-secs . Concept: Held-to-maturity (HTM) Held-to-maturity (HTM) securities are […]