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rbi mpc decisions: FD investors likely to get more time to book fixed deposits at current high rates; all eyes are on RBI MPC announcements on April 5

RBI MPC announcements on April 5, 2024: Fixed Deposit (FD) investors will keenly watch the Reserve Bank of India s (RBI) first Monetary Policy Committee (MPC) meeting of the new financial year, scheduled for this week. RBI Governor Shaktikanta Das will unveil the MPC s decisions on interest rates on Friday, April 5, 2024. The repo rate, the benchmark interest rate set by the RBI, serves as a key determinant of FD interest rates. RBI monetary policy announcement is crucial for FD investors seeking clarity on the future trajectory of interest rates. How FD interest rates are likely to change in the next few months and how FD investors can make the most of this scenario ....

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RBI MPC Meeting Live Updates: Governor Shaktikanta Das to announce decision soon

RBI MPC Meeting 2024 Live Updates: RBI Governor Shaktikanta Das has announced MPC’s 5-1 decision to keep interest rates steady at 6.5 per cent. Das said that inflation is moving closer to the RBI’s target but yet to reach the 4 per cent mark. RBI has kept standing deposit facility rate steady at 6.25%
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RBI keeps repo rate unchanged at 6.5%; projects GDP growth at 7% for FY25

RBI has projected real growth at 7 per cent and inflation at 4.5 per cent for next fiscal. This is higher than the govt’s nominal growth assumption of 10.5 per cent in the interim budget. ....

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