Indian bonds fall as RBI plans ₹1 lakh crore sale

Indian bonds fell after the RBI announced plans to sell ₹1 lakh crore of government bonds to remove excess cash from banks. It is expected to increase the supply of bonds in the market, adding pressure amid record government borrowing and high oil prices. The 2036 bond yield rose to 7.09%, while the 2031 bond yield climbed to 6.78%.