Access the latest notifications and updates from the Reserve Bank of India. India bond traders urge RBI to buy debt, ease auction rules: Report Indian bond traders have urged the Reserve Bank of India to intervene by purchasing government debt and adjusting auction rules to alleviate market pressure. They specifically requested open market operations and a shift to uniform pricing at auctions to lower borrowing costs and boost investor confidence amid elevated yields and tight liquidity. The rupee gained sharply, pulling back from a near-record low after intervention by the Reserve Bank of India. The Reserve Bank of India ( RBI ) Governor Sanjay Malhotra on November 7 said the removal of restrictions on banks for the merger and acquisition financing will benefit the real economy.
