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RBI to sell $2.6 bln of bonds, tighten bank reserve need to squeeze cash
The Economic Times
October 10, 2026
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India's central bank announced the next leg of open market bond sales and tightened daily maintenance of cash reserve ratio on Friday in a bid to further drain rupee liquidity from the banking system.The Reserve Bank of India will sell 250 billion rupees ($2.58 billion) of bonds on Tuesday through o
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