India Funding Markets Show Stealth Easing Even as RBI Holds Rate
Large cash infusions by India’s central bank are delivering what some analysts describe as stealth policy easing, pushing a key overnight borrowing gauge well below the benchmark rate.
By Bhaskar Dutta · Bloomberg Markets
Large cash infusions by India’s central bank are delivering what some analysts describe as stealth policy easing, pushing a key overnight borrowing gauge well below the benchmark rate.