India Using Yield Curve Control as Rate Cuts Fail to Deliver
A sign for the Reserve Bank of India (RBI) sign is displayed inside central bank’s headquarters in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

India Using Yield Curve Control as Rate Cuts Fail to Deliver

(Bloomberg) -- India’s central bank is actively managing bond yields to keep borrowing costs in check, analysts say, after five interest-rate cuts last year failed to spur lending in the economy.
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