RBI May Have Taken Two-Step Route to Finance Deficit, IDFC Says
RBI logo outside the headquarters in Mumbai, India. (Source: BloombergQuint)

RBI May Have Taken Two-Step Route to Finance Deficit, IDFC Says

(Bloomberg) -- India’s central bank probably took a roundabout route to finance the government’s budget deficit, given that the law bars it from directly buying sovereign bonds, according to IDFC A...
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