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EconomyIndia’s central bank to sell $2.6 billion in bonds and tighten bank reserve requirements

India’s central bank announced another round of open-market bond sales on Friday and tightened the daily maintenance rules for the cash reserve ratio, aiming to drain more rupee liquidity from the banking system.

Reserve Bank of Indiabond salescash reserve ratiorupee liquidity

RReuters★★★☆☆2026-10-09 15:45Original

India’s central bank to sell $2.6 billion in bonds and tighten bank reserve requirements
India’s central bank to sell $2.6 billion in bonds and tighten bank reserve requirementsEconomy