๐Ÿ’น RBI Moves to Stabilize Markets $BULLA

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The Reserve Bank of India has stepped in with aggressive government bond purchases to inject liquidity and rein in rising yields ๐Ÿ“ˆ๐Ÿ’ฐ. This action follows the jump in 10-year bond yields to an 11-month high, with the RBI aiming to keep financial conditions stable. $ENSO

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1.162
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โœ… Planned bond buying: ~โ‚น1 trillion

โœ… Objective: Strengthen market stability and lower borrowing costs $CLANKER

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๐Ÿ“Œ Source: Business Standard

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