Monday, June 21, 2021

Do lower rates hurt savers? Not quite, says RBI research

Economic models suggest that loss of interest income is made up by a rise in demand and wages, as per views put forth at MPC meeting.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/do-lower-rates-hurt-savers-not-quite-says-rbi-research/articleshow/83734985.cms

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