Crisil

RBI May Cut Rates in October: Crisil Report

11 Aug 2024

The Reserve Bank of India (RBI) is anticipated to start reducing interest rates around October, contingent on stable external factors like weather conditions and global commodity prices, according to a report by Crisil, a credit rating agency. Crisil predicts that there will be "two rate cuts this fiscal year." The...

Bank Credit Growth To Remain Healthy, With Moderate Pace: Crisil

28 May 2024

Bank credit growth is projected to ease by 200 basis points to 14 percent this year, following robust growth of 16 percent in the previous fiscal year, as per Crisil Ratings. The strong loan growth last year was driven by vigorous economic activity and demand for retail credit. However, this...

Crisil expects RBI to start lowering repo rates from mid-2024

15 Apr 2024

The Reserve Bank of India (RBI) has opted to maintain the repo rate unchanged for the seventh consecutive time this month. Crisil, a rating agency, now anticipates the commencement of a rate cut cycle from mid-2024. The repo rate represents the interest rate at which the RBI lends to other...