‘Stealth’ RBI Support May Turn to Large Scale India Bond Buy
Shaktikanta Das, governor of the Reserve Bank of India (RBI), gestures during a news conference in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

‘Stealth’ RBI Support May Turn to Large Scale India Bond Buy

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(Bloomberg) -- India’s central bank may abandon years of austerity to vacuum up government debt directly after Prime Minister Narendra Modi’s administration raised its borrowing target to $159 bill...