RBI's latest VRRR auction sees strong demand with Rs 1.7 lakh crore in bids; RBI accepts Rs 1 lakh crore at a 5.47% cut-off.

Money market experts said that short-term rates may come down further after the phased cash reserve ratio cut from September.

Due to the above reasons, the report expects India's 10-year bond yield to trade with a softening bias in the 6.25-6.35 per cent range in July, supported by easing inflation, better liquidity, and ...

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