RBI has given Rs. Stabilized the banking system and money markets by injecting Rs 3 lakh crore liquidity. OMOs and $10B USD-INR swap will improve rupee liquidity and support the forex market. Short-term limited impact on bond yields, but long-term caution is necessary due to fiscal pressure.
RBI’s interest on Rupee and Bonds is Rs. Game-Changer Step of Rs. 3 Lakh Crore. Money Live | RBI’s Rs. 3 Lakh Crore Game-Changing Step on Rupee and Bonds
