scorecardresearchIndia bond yields rise; Here's why

India bond yields rise; Here's why

Updated: 22 Aug 2022, 10:37 AM IST
TL;DR.
The benchmark 10-year government bond yield was at 7.2955% as of 0500 GMT. The yield rose 8 basis points in last two sessions and ended at 7.2639% on Friday. The new 10-year 7.26% 2032 bond yield was at 7.2771%.
On Wednesday, the Reserve Bank of India (RBI) announced it had cancelled the banking licence of the beleaguered Pune-based Rupee Cooperative Bank, and directed the Registrar of Cooperative Societies to liquidate the bank (HT FILE PHOTO)

On Wednesday, the Reserve Bank of India (RBI) announced it had cancelled the banking licence of the beleaguered Pune-based Rupee Cooperative Bank, and directed the Registrar of Cooperative Societies to liquidate the bank (HT FILE PHOTO)