Bonds slump after RBI panel report

Tags: bonds, RBI, News
Government bonds slumped in early trade on Wednesday after RBI panel suggested targeting consumer

RELATED ARTICLES

price inflation, which if accepted, may result in interest rates staying higher for long.

The benchmark 10-year yield rose 9 basis points to 8.64%.

The Reserve Bank of India should make managing inflation its main policy objective and set up a monetary policy committee, a central bank panel has recommended, a shift that would bring its practices in line with many other central banks.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • India’s festivals teach us to share our wealth and joy

    India is an aporia in its own true sense.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Tushar Gandhi

Sustainable model for rural sanitation

Prime minister Narendra Modi has promised to build a toilet ...

Zehra Naqvi

How smells evoke strong memories

Remember that time when a passing fragrance transported you to ...

Dharmendra Khandal

Indian zoos need a fresh approach

Recently, when a man jumped in a tiger trench of ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture