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Yet another bond auction dud: What's RBI's game plan?

"You (RBI) announce tightening measures 72 hours ago and then in 30-odd hours you chicken out! You reject a T-bill auction and allow Rs 11,000 crore of liquidity into the system. You tightened it in the first place and then today another rejection," a flabbergasted CNBC-TV18's Latha Venkatesh questions.

first published: Jul 18, 2013 06:12 pm

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