Skip to main content
Savings disincentivised: Real interest rates slide into negative territory - Economic Times 16-Jul-2020
Savings disincentivised: Real interest rates slide into negative territory - Economic Times
The RBI has reduced its benchmark repo rate by 115 basis points between March and May to support the economy in light of the Covid-19 induced slowdown. As a result, banks have had to reduce their lending and deposit rates to adjust to the new interest rate sc…
More...