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Reserve Bank of India (RBI) has decided to conduct a purchase of government securities under Open Market Operations (OMO) for a gross amount of ₹20,000 crores on February 10. This decision comes in the wake of a sharp hike in Government bond yields over the past two weeks. After the announcement, India 10-year bond yield … Continue reading "RBI announces ₹20,000 crore open market operations"

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