Every quarter, there is a buzz around whether the RBI will cut or increase the interest rate. The RBI decides interest rate periodically and takes decisions whether to hike/slash the rate or leave it unchanged. The central bank’s monetary policy...
Wait, does it really impact you? If you want to understand how RBI uses its Monetary Policy apparatus and how rate cuts really work, read this post here – Role of RBI in Indian Economy What happens when RBI cuts the Repo Rate? A repo rate cut allows commercial banks...
