Why? Because the government’s sitting on ₹5.3 lakh crore in cash, and the RBI didn’t need to panic-buy funds at high rates. This wasn’t a funding crisis; it was a strategic pause. With GST outflows, Jio IPO funds locked up, and liquidity tight, bidders demanded higher returns. But RBI held firm, signaling it’s serious about 'calibrated tightening'. For job seekers eyeing RBI or finance roles; this is the kind of real-time policy drama you’ll need to understand. Markets don’t just react; they negotiate. And sometimes, silence speaks louder than acceptance.