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RBI reportedly sells ₹1 lakh crore of bonds
Original: SUDDENLY RBI Dumps ₹1,00,000 Crore Bonds!MODI ने WAR शुरू कर दिया | CWSJ-3737 | Sumeet Jain
Indian financial commentary is buzzing over claims that the Reserve Bank of India has suddenly offloaded roughly ₹1,00,000 crore worth of government bonds, with popular commentary framing the move as an aggressive strike linked to Prime Minister Narendra Modi's government. The reports have sparked debate about the central bank's motives, the impact on bond yields, liquidity and markets, and whether this signals a broader escalation in policy between the RBI and the government.
Why now: Claims of a massive RBI bond sale with political implications are driving heated debate about central bank policy and government relations in India.
Reserve Bank of IndiaNarendra ModiIndia
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- SUDDENLY RBI Dumps ₹1,00,000 Crore Bonds!MODI ने WAR शुरू कर दिया | CWSJ-3737 | Sumeet Jain · Coffee With Sumeet Jain · 331.8K
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