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Explained: Recent surge in G-sec yields and how RBI can cap such rise

Updated : February 22, 2021 02:24 PM IST

During the first half of the current fiscal year, the bond yields were mostly below 6 percent on the back of effective yield management by Reserve Bank of India (RBI), said a report.
However, all this changed after the budget when the government upped its borrowing program for the current fiscal and announced an aggressive one for FY22, the report said.
Explained: Recent surge in G-sec yields and how RBI can cap such rise

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