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WebMay 5, 2024 · RBI Bonds: Interest rates - The interest the RBI is offering is better than the fixed deposits interest rate. The interest rate will be floating and will reset every six … Web2 days ago · According to the Reserve Bank of India’s (RBI) Monetary Policy Report (April 2024), credit growth continued to outpace deposit growth in financial year 2024-23 (FY23) at an eleven-year high, despite banks fully transmitting lending rates linked to external benchmarks [250 basis points (bps)], which now account for nearly half of floating-rate … outstanding factoring
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