Comfortable liquidity masks rising risks. Supply, fiscal slippage and term premia could push the 10-year yield towards 7.25% in 2026–27.
Yield Scribe
May 4, 2026 at 4:03 AM IST
iStock.com
Malhotra completes his first year at the RBI next month. His tenure so far reveals a governor intent on pushing boundaries, loosening rules, and learning where freedom ends and systemic risk begins.
R. Gurumurthy
November 17, 2025 at 6:11 AM IST
RBI
