Markets may have mistaken a funding and BoP problem for an interest-rate problem. RBI's latest measures could ease pressure on OIS, yields and the rupee.
Yield Scribe
June 9, 2026 at 7:46 AM IST
iStock.com
RBI may have largely stabilised overnight rates, but fragmented term funding markets continue to weaken monetary transmission across India’s broader financial system.
R. Gurumurthy
May 18, 2026 at 3:53 AM IST
