The Reserve Bank of India raised trading targets for the country’s bond market makers in a bid to boost liquidity, driving a surge in activity in the 10-year benchmark security, according to people familiar with the development. Each of the 21 primary dealers must trade at least 4 lakh crore ($41.8 billion) of bonds in the financial year starting April, up 48 per cent from last year’s target, the people said, asking not to be identified as the matter is private [...]