scorecardresearchRBI Assurance May Not Ease India Bond Selloff, Top Fund Says

RBI Assurance May Not Ease India Bond Selloff, Top Fund Says

Updated: 15 Jun 2022, 07:51 AM IST
TL;DR.
Indian central bank’s verbal pledge to support a record government-borrowing program hasn’t been backed by actions so far and that may lead to a deeper selloff in the bond market, according to a top fund manager.
Guwahati, June 11 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das interacts with the faculty members of the Indian Institute of Bank Management (IIBM), in Guwahati on Saturday. (ANI Photo)

Guwahati, June 11 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das interacts with the faculty members of the Indian Institute of Bank Management (IIBM), in Guwahati on Saturday. (ANI Photo)