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High interest rates

RBI likely to delay slashing interest rates amid risks of rising inflation

The RBI has kept interest rates on hold for seven straight meetings, with Governor Shaktikanta Das signaling his unwillingness to ease rates unless inflation settles around its target of 4 per cent. Inflation eased to below 5 per cent in March, though an unusually hot summer could push up food costs.

02 May 2024, 07:36 IST

RBI likely to delay slashing interest rates amid risks of rising inflation

RBI likely to delay slashing interest rates amid risks of rising inflation

RBI likely to delay slashing interest rates amid risks of rising inflation

02 May 2024, 07:36 IST

Many small restaurateurs at mercy of informal lenders

The maximum interest licensed financiers can charge is 16% per annum but informal lenders in Bengaluru routinely flout the law

08 November 2022, 21:21 IST

Many small restaurateurs at mercy of informal lenders

Many small restaurateurs at mercy of informal lenders

Many small restaurateurs at mercy of informal lenders

08 November 2022, 21:21 IST