Indian Banks Race for Bonds: A $3.5 Billion Spectacle

Folks, big league news! Indian banks and state firms are racing to grab a whopping $3.5 billion in bonds. Why? Because GDP data is looming, and interest rates might not budge! They’re scrambling like it’s the last slice of pizza at a party! Institutional investors are buying up these bonds like they’re gold bars. The Reserve Bank's decisions? Huge! I told you, it’s a wild ride!