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MC Exclusive: When will interest rates start to fall? April-June 2024, says ICICI Prudential Life’s fixed income head

The Reserve Bank of India is likely to keep the rates unchanged for a longer period. It will embark on the journey of rate cuts only in the first quarter of FY2025. Even then, it could be shallow, not more than 50-75 basis points, says Arun Srinivasan, Head, Fixed Income, ICICI Prudential Life Insurance Company.

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​ The Reserve Bank of India is likely to keep the rates unchanged for a longer period. It will embark on the journey of rate cuts only in the first quarter of FY2025. Even then, it could be shallow, not more than 50-75 basis points, says Arun Srinivasan, Head, Fixed Income, ICICI Prudential Life Insurance Company. The Reserve Bank of India is likely to keep the rates unchanged for a longer period. It will embark on the journey of rate cuts only in the first quarter of FY2025. Even then, it could be shallow, not more than 50-75 basis points, says Arun Srinivasan, Head, Fixed Income, ICICI Prudential Life Insurance Company.  Moneycontrol Latest News Read More  

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