India's central bank faces mounting pressure to increase bond purchases after four rate cuts failed to contain stubbornly high yields. Fund managers say the Reserve Bank of India must inject more liquidity into the financial system.

Market participants worry that elevated borrowing costs could derail India's economic recovery. Despite aggressive monetary easing, government bond yields remain elevated, signaling persistent inflation concerns and strong demand for fixed-income securities.

Investors are watching closely as the RBI balances growth stimulus against inflation risks. Additional bond buying could help lower yields, but may also fuel concerns about central bank independence and fiscal dominance in India's debt markets.