From Canara Bank To SBI: Why PSU Banks Fell Upto 5% Amid Rising Bond Yields

The public sector undertaking (PSU) banks such as Bank of Baroda, and Canara Bank fell as much as 5% in Friday’s trading session, reacting to a sharp surge in bond yields.India’s 10-year bond yield surged to 6.9%, recording gains to its highest level since July 2024 as a result o

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