"What we have seen is that (bond) issuance volume has come down in the current quarter. Yields are hardening. If yields continue to rise like this, corporates are likely to withdraw from the (bond) market and come back to banks. It's a dynamic situation," Amara said on the sidelines of a banking seminar organised by CII in Kolkata.He mentioned that the 10-year yield has risen to 6.6%, while state government 30 year bond yields rose to 7.5%.The 100 basis point reduction in policy repo rate by the Reserve Ba ...

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