From The Tribune
Center Owned by The Tribune TrustIndia’s 10-year bond yield hits 7.40%; experts see pressure on credit growth
RSS excerpt
India's benchmark 10-year government bond yield surged 10 basis points to 7.40 per cent on Monday following the Reserve Bank of India's (RBI) liquidity withdrawal measures. As per market experts, tighter banking system liquidity and rising borrowing costs could keep bond yields elevated and weigh on…