Rewanth Raichooti is a Research Associate at Council for Social Development, Hyderabad.
India’s debt is consolidating, but recent bond-market moves show that global shocks, bank-dominated investor composition, and unsynchronised borrowing design can blunt the transmission of rate changes.
Deba Prasad Rath
Rewanth Raichooti
July 23, 2026 at 4:14 AM IST
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Monetary policy independence strengthens policy coordination, keeps inflation anchored and supports sustainable growth without sacrificing external stability.
July 2, 2026 at 4:11 AM IST
Juvaida Khatun/Istock