Interest rate cut can be possible in Q1FY25 but that, too, would be data dependent
The RBI MPC (Monetary Policy Committee) left the repo rate unchanged at 6.5% at its August 10 meeting, in line with street expectations. As a result, the Permanent Deposit Facility (SDF) rate will remain unchanged at 6.25% and the Permanent Deposit Facility (MSF) and Bank Rate at 6.75%. MPC continues its stance of ‘withdrawing from …
Interest rate cut can be possible in Q1FY25 but that, too, would be data dependent Read More »