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New Delhi has cumulatively repurchased only 126 billion rupees ($1.51 billion) worth of bonds, far short of its offer to buy 1 trillion rupees worth of securities over two auctions conducted so far in May.
FILE PHOTO: A Reserve Bank of India (RBI) logo is seen inside its headquarters in Mumbai, India, April 6, 2023
Credit: REUTERS/Francis Mascarenhas/File Photo
