RBI to allow lending and borrowing of government bonds, change market timings

"This will provide investors with an avenue to deploy their idle securities, enhance portfolio returns and facilitate wider participation. This measure will also add depth and liquidity to the G-sec market, aid efficient price discovery, and work towards a smooth completion of the market borrowing programme of the centre and states," RBI Governor Shaktikanta Das said at the end of the three-day meeting of the central bank's monetary policy committee (MPC).

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