The Reserve Bank of India has warned of risks to the Indian economy due to rising crude oil prices, which are currently above $90 per barrel. While retail inflation has been brought down by lower vegetable prices, the report highlights the challenge posed by high oil prices. However, economists expect inflation to continue slowing in September, driven by further corrections in vegetable prices.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,
December 8, 2025