RBI can’t budge on rates due to inflation target: Economists

(0)
News

Economists anticipate interest rates to remain high due to inflation surpassing the Reserve Bank of India’s target. Government officials advocate for rate cuts to boost the economy. Banks observe a rise in deposit rates, with some projecting rate cuts by February.

Leave a Reply Cancel reply

Credit Cards: Can't access an airport lounge? One of these 5 points may explain the reason
Credit Cards: Several cards give access to airport lounges but often times, there are limits to the number of times you can access these lounges within a time frame.
Personal Loan: You may consider borrowing for these 5 reasons. Check list here
Personal loan: It's common to raise a loan for a number of reasons which include, but not restricted to, organising a wedding, buying a luxury item, going on a vacation and getting a house renovated, and buying expensive furniture, et al.
Balancing risk and reward: A hybrid approach to retirement savings
Considering you have 18 years to retirement, you can consider a combination of BAFs and aggressive hybrid funds to generate better risk-adjusted return.
Personal Loan: Want to raise ₹10 lakh? EMI to fluctuate with these two factors; check calculator here
Personal loan: If you want to raise ₹10 lakh to go on a vacation to the US, your monthly instalment on the loan will depend on the rate of interest that the bank charges and the tenure of repayment
FM bats for rate cut: Should you lock an FD at the current interest rates? Check the latest rates here
In case RBI's six-member core policy committee cuts the repo rate in its Dec meet, the lending rates would follow suit. So would be fixed deposit interest rates. Given all this, depositors are recommended to lock their FDs at the prevailing interest rates
Pros and cons of personal loans: Is borrowing right for you?
Personal loan: It provide quick access to funds without collateral, making them versatile for various needs. However, they come with high interest rates and strict eligibility requirements. Understanding the pros and cons is essential for making informed financial decisions.
Personal Loan: What you need to know about processing fees and hidden charges
Personal loan: To make informed financial choices, borrowers must understand the total costs of personal loans, including interest rates and processing fees. Consulting a financial advisor and comparing multiple lender offers can help identify the best deal.
A fintech startup’s challenges with India’s vaunted account aggregator framework
India's account aggregator system faces critical gaps three years after it was rolled out, particularly in data sharing among banks and fintech startups.
After Sachin & Narayana Murthy, RBI Governor seen doling out investing advice in a deep fake video
Deep fake: This is not the first time when fraudsters tried fleecing gullible investors with the aid of a public figure's video. Prior to this, social media has witnessed videos of Sachin Tendulkar, Mukesh Ambani and NR Narayana Murthy doling out investing advice to the public
Have you validated your Mutual Fund KYC yet?
KYC validation is crucial for mutual fund investments. An incomplete KYC can hinder new investments and complicate current management. Use your PAN and Aadhaar to validate your KYC for smooth investing.

RBI can’t budge on rates due to inflation target: Economists

Leave a Comment

Leave a Reply Cancel reply