Apr 09, 2012 04:38 PM IST | Source: CNBC-TV18

SBI calls for CRR cut as high bond yields alarm banks

SBI chief Pratip Chaudhuri attributed increased government borrowing to be the cause for the rise in bond yields. He called for a cut in CRR by the RBI to ease the crunch in funds.

Bond yields have seen a spike of late although they have cooled slightly today. But the spike has alarmed the banking sector. SBI

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