The Reserve Bank of India (RBI) announced fresh liquidity measures and a relaxation in mark-to-market rules to help calm investor nerves as a sudden spike in yields hit bond markets. It raised the amount of bonds that could be held without providing for losses by 2.5 percentage points, raising the demand for government bonds by as much as Rs 3 lakh crore. The central bank's latest measures could trigger a rally in the bond market, benefitting central and state governments that can borrow ..
