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Biggest India Fund Sees Budget Arming Central Bank With Liquidity Tool
![Biggest India Fund Sees Budget Arming Central Bank With Liquidity Tool](https://media.assettype.com/bloombergquint%2F2024-07%2F662218ff-bdd7-4abf-8dde-563f579db608%2F_1x_1.jpg?w=1200&auto=format%2Ccompress&ogImage=true)
India’s federal budget should arm the central bank with a time-tested tool to deal with a potential surge in bond flows on the nation’s entry into a key glo...
MSS bonds are issued by the government outside the normal borrowing program to enable the Reserve Bank of India soak up liquidity. The proceeds are kept in a se...
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