How Many Rate Cuts In 2024 In India. 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 nation, analysts at morgan stanley said on. The indian market is gearing up for a potential interest rate easing cycle in 2024, a move that is increasingly viewed as likely.

The reserve bank of india maintained its benchmark policy repo at 6.5% for the ninth consecutive meeting in august 2024 to ensure inflation is down towards its 4%. Interest rate in india averaged 6.37 percent from 2000 until 2024, reaching an all time high of 14.50 percent in august of 2000 and a record low of 4.00 percent in may of 2020.