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When will RBI cut rates? Economists say you need to wait till...

The Reserve Bank of India is expected to delay cutting interest rates until the final quarter of the year, according to a Bloomberg survey. The RBI may reduce its benchmark repurchase rate by 50 basis points in the October-December period before pausing, due to rising inflation risks and the US Federal Reserve keeping rates steady. Governor Shaktikanta Das has maintained a hold on rates, waiting for inflation to stabilize around the central bank s 4% target. Economists predict that India s growth and inflation dynamics are healthy, but global and geopolitical developments, particularly decisions by the US Fed, could influence the RBI s rate decisions. ....

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RBI imposes curbs on Maharashtra-based Konark Urban Co-op Bank

(This story has not been edited by THE WEEK and is auto-generated from a PTI ....

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