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Indian government bonds rose in early deals on Wednesday as strong buying by the ‘others’ investor category raised expectations that the central bank could be among the buyers. The 6.48% bond yield for 2035 stood at 6.6726% at 10:05 AM IST, after ending at 6.6812% on Tuesday. Interest rates have fallen by 4 basis points […]
Outstanding credit to the commercial sector crossed Rs 300 lakh crore at the end of January, up 14.7% year-on-year, signaling a pick-up in loan demand in response to the Reserve Bank of India’s (RBI) 125 basis point cut in policy rates over the past year to boost growth. One basis point is one hundredth of […]
