Sesame/Getty Images Fears of a potential banking crisis are on the rise as interest rates stay elevated. Interest rates are now at their highest levels since 2001 as the Fed keeps an…
Tag: interest
What the latest inflation data means for interest rates
This post originally appeared in the Insider Today newsletter. Happy Valentine‘s Day! Don’t worry about trying to grab a last-minute dinner reservation. Wow that special someone with an easy but delicious homemade…
Action against Paytm bank was in customers’ interest: RBI
Mumbai (Maharashtra) [India], February 8 (ANI): Reserve Bank of India Governor Shaktikanta Das said on Thursday that all its actions, including certain restrictions it imposed on Paytm’s associate bank, are in the…
Fitch expects RBI to cut interest rates by 75 basis points in FY25
Fitch foresees India’s retail inflation easing to 4.7% by the end of 2024. It raised FY24 GDP to grow at 6.9%, a tad lower than RBI’s 7% forecast. With general elections slated…