ICICI Securities PD's Abhishek Upadhyay on RBI to buy & sell govt bonds
The RBI has announced a simultaneous buy and sell of government bonds from the market. It has announced that it will buy Rs 10,000 crore of 10-year bonds and sell under- one year bonds. Abhishek Upadhyay, senior economist at ICICI Securities Primary Dealership shared his views and readings on the announcement.