RBI cuts CRR: Will bank fixed deposit rates come down soon?

Quick Summary:

Bank fixed deposit rates are expected to remain stable through FY25 due to sufficient liquidity from reduced credit expansion and a recent CRR cut.

While a downward trend is possible, actual rate reductions are contingent on the RBI lowering its repo rate.

RBI cuts CRR: Will bank fixed deposit rates come down soon?

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets: India

Topics: SBI Amrit Vrishti scheme Crr RBI CRR cut Bank FDs Rbi monetary policy Business news Bank fixed deposit rates FD interest rates

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-09 @ 15:30:00 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 789 words

Reading Time: 5 minutes read

Sentences: 42 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 24265892

View Article Analysis

About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 4 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

Publisher Details

Frequently Asked Questions