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From The Tribune

Center Owned by The Tribune Trust

India’s 10-year bond yield hits 7.40%; experts see pressure on credit growth

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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…

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