The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) kept the repo rate unchanged at 6.5 per cent and maintained the policy stance of withdrawal of accommodation on Friday, December 8.
RBI MPC meeting: A prolonged rate pause and liquidity withdrawal, with a rate cut only in the second half of FY 25 experts, bankers and economists share their thoughts
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RBI monetary policy meeting begins today: Economists say RBI to keep repo rate unchanged at 6.50% financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
A slew of Small Finance Banks (SFBs) already offer 9.2% to 9.5% interest on FDs to senior citizens. Unity Small Finance Bank offers an interest rate of 9.5% to senior citizens on FDs maturing in 1001 days. Will interest rates on FDs touch 10% in the near future? Will the interest rates on fixed deposits (FDs) go up further? The decision to hike FD interest rates will depend on various factors. Find out how interest rates of FDs may move in the future and how you should invest.
RBI MPC may keep policy rates unchanged. Market participants appear curious to see what the RBI thinks about India s growth in the current financial year.
The MPC s primary responsibility is to determine the policy repo rate, aiming to achieve the targeted inflation rate while considering growth objectives.
RBI to retain 6.5 pc interest rate as economic growth comfortable, inflation in check: Experts dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.