Retail inflation drops to 7-month low, food inflation lowest since May 2023; raises expectations of April rate cut
Headline inflation in rural India dropped to 3.79 per cent in February compared to 4.59 per cent in January. Headline inflation in urban India also fell to 3.32 per cent from 3.87 per cent.
Subdued food prices in February pulled down retail inflation below the Reserve Bank’s median target of 4 per cent while the country’s manufacturing sector pushed the key factory output index to 5 per ...
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After the RBI repo rate cut, banks such as SBI, Canara Bank, PNB, and Union Bank among others have cut their repo linked ...
The RBI’s proposal to remove foreclosure charges on floating-rate loans for individuals and small businesses aims to provide financial relief to borrowers. This move could increase competition among ...
AU Small Finance Bank (AU SFB) has reduced its fixed deposit (FD) interest rates for senior citizens by 10 basis ...
Since Sanjay Malhotra took office as governor in December, the Reserve Bank of India (RBI) has adopted a more accommodative ...
India’s inflation fell to 4.31 per cent in January from 5.22 per cent, approaching the RBI’s 4 per cent target after four ...
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