The Reserve Bank of India( RBI) did not sell any of its planned Rs 14, 000 crore of the benchmark 10-year bond on Friday’s auction, which may indicate its discomfort in breaching the limit outstanding in the bond, and that a new 10-year bond could be coming any time soon, may be in the next auction itself. The government has raised more than Rs 1.19 trillion against the existing bond, a limit after which a new paper is issued to ease the redemption pressure....
The RBI, however, had paid underw
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2021-06-25 00:00:00.0