RBI shifts stance, FTSE Russell, state election results

The shift in the RBI's official policy stance, alongside the announcement of India's inclusion in the FTSE Russell EM bond index and state election results that should ease fiscal risks, has underpinned a positive week for Indian local bonds. We expect yields to remain close to their historic lows over the coming months. 

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.