RBI rejects Treasury bills bids at weekly auction amid tepid demand
Market participants are now closely watching the RBI's monetary policy outcome, foreign portfolio investor flows and the progress of the southwest monsoon | Image: Bloomberg The Reserve Bank of India (RBI) on Wednesday rejected bids for the 182-day and 364-day Treasury bills (T-bills) at its weekly auction, as bids for the papers were seen coming in at elevated yields, dealers…
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