#Latest news with #BankingSystemBloomberg3 days agoBusinessBloombergRally in Indian Bonds Loses Momentum After RBI's Surprise MovesA rally in Indian bonds is stalling after the central bank raised the bar for future interest-rate cuts and on concerns that it may start curbing excess liquidity in the banking system. The yields on the five-year and 10-year bonds jumped more than 20 basis points and six points respectively this week, reversing some declines in the current quarter. This came after the Reserve Bank of India unexpectedly shifted its policy stance to neutral from accommodative last week, warning that it has ' very limited space' left for further easing.
Bloomberg3 days agoBusinessBloombergRally in Indian Bonds Loses Momentum After RBI's Surprise MovesA rally in Indian bonds is stalling after the central bank raised the bar for future interest-rate cuts and on concerns that it may start curbing excess liquidity in the banking system. The yields on the five-year and 10-year bonds jumped more than 20 basis points and six points respectively this week, reversing some declines in the current quarter. This came after the Reserve Bank of India unexpectedly shifted its policy stance to neutral from accommodative last week, warning that it has ' very limited space' left for further easing.
3 days ago
