RBI tries another way to tame bond yields2 min read . Updated: 03 Jul 2021, 01:48 PM IST
- Yields have been rising in India on worries over inflation which rose past the RBI’s upper tolerance level of 6% in May
India’s central bank wrote to primary dealers proposing a framework for defining acceptable bids at auctions, as underwriters are having to step in to rescue more bond sales.
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