RBI Minutes Revive Expectations For Further Policy Easing: DBS

Minutes from the Reserve Bank of India's August meeting have revived expectations for further policy easing as headline inflation is likely to remain within target over the next one year, says a DBS report. According to the report, pro-growth Reserve Bank of India (RBI) minutes are expected to cap bond yields. "INR 10Y (generic) government bond yields are likely to stay below 6.7 per cent after RBI minutes revived expectations for fu...