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Source: Live Mint MUMBAI, April 2 (Reuters) – Indian government bonds surged on Wednesday as investors welcomed the central bank’s debt purchase plan for April, with the 10-year yield closing at a more than three-year low. The Reserve Bank of India on Tuesday said it will buy bonds worth 800 billion rupees ($9.3 billion) in…
Source: Live Mint MUMBAI, Jan 24 (Reuters) – The Reserve Bank of India (RBI) made net purchases of government bonds in the secondary market last week, marking the first such operation in over three years, data released on Friday showed. The RBI net bought bonds worth 101.75 billion rupees ($1.18 billion) in the week ending…
Source: Live Mint We have been talking about the Reserve Bank of India (RBI) easing interest rates for quite some time. The question now is: what is the appropriate time for the RBI to initiate this? The latest meeting of the central bank’s Monetary Policy Committee (MPC) was on 6 December. Earlier, there were expectations…
