Monetary policy refers to the policy of the central bank regarding the use of monetary instruments under its control to achieve the objectives specified in the law. The Reserve Bank of India (RBI) is responsible for implementing the monetary policy. This responsibility…
read moreThe Reserve Bank of India (RBI) announced the drop in performance of the government’s new 10-year security bonds to 5.79%, the lowest since February 2009. This reflects aggressive rate cuts and central bank liquidity injection. In post-issue trading, the bond closed at…
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