RBI has more room to buy bonds as banks return money – Mint

RBI has more room to buy bonds as banks return money – Mint

Indian banks are returning the money they borrowed from the central bank earlier this year, boosting the monetary authority’s ability to make more direct purchases of government bonds. The Reserve Bank of India announced Thursday that she would buy 100 billion rupees ($ 1.4 billion) of bonds in the secondary market on September 24 in […]

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