RBI is easing, but India’s long-term rates tell a different story

RBI is easing, but India’s long-term rates tell a different story

What does a median Joe bear when the country’s central bank cuts policy charges four times in one yr? That the passion charges will descend. However something puzzling is going on within the Indian financial markets. For the previous few months, prolonged-time interval passion charges hold been rising whilst the Reserve Monetary institution of India (RBI) has sever repo charges by 125 basis components over the final one yr to 5.25%. It has also injected round INR2.5 lakh crore liquidity into

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