Economy · India
Indian Debt Funds Sell Bonds After RBI Policy Shift
Indian debt funds sold a net ₹51 billion ($527.08 million) of government bonds in the three trading sessions following the Reserve Bank of India's (RBI) policy shift and rate increase. This follows a larger selloff of ₹378 billion in government bonds by asset managers during July-September. Mutual funds are expected to continue selling government bonds.
How outlets across the spectrum covered it
L 2 C 5 R 0
- Left (2): National Herald, The Hindu
- Centre (5 votes, 7 outlets): Business Standard, Business Today, The Economic Times · The Times of India (Times Group — 1 vote), The Financial Express · The Indian Express (Indian Express Group — 1 vote), The Hindu BusinessLine
- International (1): Bloomberg