Interest Rate Cut In July 2024 Bangalore. The rate of interest on government of india floating rate bond 2024 (frb 2024) applicable for the half year may 07, 2024 to november 06, 2024 shall be 7.03 per. Interest rate cuts in india are off the table in fiscal year 2024/25 given the change in the federal reserve's policy path and strong growth in the south asian.

Updated on sep 18, 2024 at 03:27 pm ist. Rbi unlikely to cut interest rates in 2024 due to high food inflation in india.