Interest Rate Cut In July 2024 India

Interest Rate Cut In July 2024 India. Favorable inflation trajectory and resilient economic growth will create scope for a repo rate cut in the coming times. 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.

We expect a repo rate cut as and when headline. The benchmark interest rate in india was last recorded at 6.50 percent.