Indian bond yields experienced a notable increase, reaching their highest levels since early April, driven by market anticipation of a prolonged pause in the current rate-easing cycle. Institutional caution ahead of the upcoming inflation data further contributed to the firm yields. The benchmark 10-year paper’s yields rose by four bps to 6.44%, with significant selling observed during the day.
Bank Lending to NBFCs Rises 26%, Fastest in FY26
In the previous fiscal year, bank lending to Non-Banking Finance Companies (NBFCs) witnessed an impressive 26 percent increase, fueled by the Reserve Bank of India’s