Indian Bonds Overlook Global Debt Selloff as RBI Opens Cash Tap
The Reserve Bank of India headquarters building in Mumbai.
Photographer: Dhiraj Singh/BloombergThis article is for subscribers only.
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Indian bonds gained, bucking a global debt selloff, after the central bank said it will inject a further $21.5 billion into the banking system to ease a seasonal cash squeeze ahead of the March 31 financial year-end.