India’s massive borrowing puts RBI under pressure to keep yields in check – Business Standard

India’s massive borrowing puts RBI under pressure to keep yields in check – Business Standard

India’s central bank is under pressure to intervene to keep yields in check after the government surprised bond markets with a bigger-than-expected borrowing plan. This puts the onus on Governor Shaktikanta Das to calm bond traders when he meets to decide policy on Friday. He must have already reassured them that a recent move to […]
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