Interest Rate Cut August 2024 India. While the overall inflation is below the rbi’s median target of 4 per cent, the rate of price rise in the food basket was 5.66 per cent in august. Rbi mpc meeting august 2024:
The rbi was predicted to keep the key interest rate steady at 6.5% at its august meeting, influenced by persistent inflation and economic growth. The reserve bank of india (rbi) will keep interest rates steady for a ninth straight meeting in august due to persistently high inflation, with a slim majority of.
Interest Rate Cut August 2024 India Images References :