Interest Rate Cut In September 2024 Mumbai. The benchmark interest rate in india was last recorded. Consequently, the standing deposit facility (sdf) rate remains unchanged at 6.25 per cent and the marginal standing facility (msf) rate and the bank rate at 6.75 per cent.
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. By molly smith and vince golle.
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