RBI Drains 500 Billion Rupees of Banking Cash Through Debt Sales
India’s central bank sold 500 billion rupees ($5.2 billion) of bonds under its open market operation program as it stepped up efforts to drain surplus cash in the banking system.
Read the full story at Bloomberg Economics ↗
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RegionsGlobal
Published2 d ago (Thu, 17 Sep 2026 09:22:59 GMT)
RetrievedThu, 17 Sep 2026 10:00:17 GMT via rss
ClassifiedThu, 17 Sep 2026 10:00:28 GMT by heuristic
AuthorSubhadip Sircar