In a detailed point-by-point rebuttal, the group maintained that the charges levelled in the report appeared to be “selective and manipulative presentation of matters already in the public domain to create a false narrative”. It also shows complete ignorance or deliberate disregard for applicable legal and accounting standards as well as industry practices, the group said.
Bond supply may outweigh demand, push yields higher
Bond yields in India are anticipated to increase in the latter half of this fiscal year. This rise is primarily due to higher government borrowing