Rising inflation has crossed the Reserve Bank of India's target, signaling potential repo rate hikes. Higher inflation and increased credit demand suggest banks might raise fixed deposit interest rates soon. Banks monitor deposit growth and credit demand before adjusting their fixed deposit rates. High yields on government securities and small savings schemes also pressure banks to increase FD rates.

India's retail inflation reached 4.38 percent in June, exceeding the central bank's target. Elevated food and fuel prices contributed to this significant acceleration in price…

India's retail inflation rose to 4.38% in June, surpassing the RBI's 4% target after 17 months, driven by higher food and fuel prices amid economic growth concerns.

New Delhi, Jul 13 (PTI) Retail inflation climbed to 4.38 per cent in June mainly due to costlier food items, pushing the rate of price rise above the Reserve Bank’s median target…

India's retail inflation reached 4.4% in June, surpassing the central bank's target. Higher food and transport costs drove this increase, marking the highest print under the new…

India's June 2026 CPI hit 4.38%, breaching the RBI's 4% target for the first time in 17 months and raising the stakes for monetary policy decisions.

Retail inflation in India is projected to increase through the fiscal year. Elevated fuel costs and input prices are driving this upward trend. The Reserve Bank of India will…

Controlled inflation prompts economists to delay interest rate hike expectations. Retail inflation rose to 4.38% in June, exceeding the RBI's target. Core inflation remained…

Rising inflation has crossed the Reserve Bank of India's target, signaling potential repo rate hikes. Higher inflation and increased credit demand suggest banks might raise fixed…

Inflation pressures limit scope for rate cuts