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10-year bond yield not worrisome: Reserve Bank deputy governor

KC Chakrabarty said 7 to 8% yield on 10-year is not uncomfortable, dangerous nor worrisome.

10-year bond yield not worrisome: Reserve Bank deputy governor

Yields in the range of 7 to 8% on India's benchmark 10-year government bond are not worrisome or dangerous, one of the central bank's deputy governors said on Thursday.

"Seven to 8% yield on 10-year is not uncomfortable, dangerous nor worrisome. It will go up and come down," KC Chakrabarty told reporters at an event in Hyderabad.

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