RBI unlikely to cut interest rate in 2024: SBI chief Setty
- Posted on September 18, 2024
- By Business News Today
- 1 Views
RBI unlikely to cut interest rate in 2024: SBI chief Setty
The Reserve Bank of India is unlikely to cut the benchmark policy rate in 2024 due to food inflation concerns, according to SBI Chairman C S Setty. Despite potential rate cuts by the US Federal Reserve, the RBI will focus on long-term inflation trends before making any decisions.
