RBI resumes buying govt bonds after 6 months, pulls down yields
RBI has resumed the purchase of government bonds after a six-month gap, as it infused liquidity into the banking system via the secondary market. RBI net bought bonds worth ₹12,470 crore in the week ending November 7, Reuters reported, citing RBI data. The yield on the 10-year paper ended at 6.49% on Friday, while yields have softened following RBI intervention.