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India announces government bond purchases amid market turmoil

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India’s central bank said it would buy 100 billion rupees ($1.38 billion) of government bonds in an open market operation, amid efforts by authorities to reassure investors over a brewing debt crisis in the non-banking financial sector (NBFC).

http://feeds.feedburner.com/~ff/reuters/INtopNews?d=yIl2AUoC8zA from Reuters: Top News https://in.reuters.com/article/india-bonds/india-announces-government-bond-purchases-amid-market-turmoil-idINKCN1M428K?feedType=RSS&feedName=topNews
via reuters.com content & copyrights by Reuters

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