India's ultra-short-term rates have dipped below the central bank's benchmark interest rate due to an easing monetary policy stance and added liquidity. The Reserve Bank of India recently sold 91-day Treasury bills at lower yields, prompting expectations of imminent rate cuts amidst ample banking system liquidity.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.