Interest Rate Cuts 2024 In India

Interest Rate Cuts 2024 In India. Economists see india’s first rate cut in 2024 for durable growth. Revenue expenditure net of interest payments and subsidies of central and state governments contracted by 1.5 per cent and 0.2 per cent, respectively, during the quarter.

The reserve bank of india (rbi) will leave its key interest rate unchanged at 6.50% on june 8 and for the rest of 2023 as it waits to see the economic impact of a series of hikes over the past. Interest rate cuts in india are off the table in fiscal year 2024/25 given the change in the federal reserve’s policy path and strong growth in the south asian nation, analysts at.