Reserve Bank of India's bond purchases spark speculation of imminent interest rate cut.

The Reserve Bank of India's recent large-scale bond purchases have lowered bond yields and increased speculation of a potential interest rate cut in February. This move, the first in over three years, signals the RBI's intention to maintain easy liquidity conditions. Market participants expect borrowing for the next financial year to be substantial, and experts anticipate a 25 basis point rate cut to 6.25%.

2 months ago
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