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

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.

Dec 9, 2024 - 13:30

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

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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.