India Overnight Borrowing Cost Tops Key

印度隔夜借贷成本因流动性收紧而超过关键利率

By Subhadip Sircar and Bhaskar Dutta

July 23, 2025 at 2:49 PM GMT+8

India's overnight rates have risen above the central bank's key policy rate, driven by monthly tax outflows, which could result in weakened participation at the central bank's next liquidity absorption auction.

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