central bank

RBI Normalises Liquidity After The Secondary Sales Of Securities

RBI Normalises Liquidity After The Secondary Sales Of Securities

The Reserve Bank Of India recently sold sovereign securities worth rupees 1,435 crores in the secondary market, clearing the sign of liquidity mobilisation.  Indian benchmark yields hit their highest level in the past two years, due to the sale of bonds in the recent auctions. Resulting in a rise of the 10-year-old bond yield of…