How Change in Interest Rates Affects Our Finances
by Arihant Team
April 17, 2014
Reserve Bank of India’s monetary policy has become a key event that every market participant looks for and anticipates what action will the RBI Governor, Raghuram Rajan, take. The central bank uses monetary policy tools to keep the economy maintain its fast growth, contain inflation and create a healthy business environment. Here’s a look at how your finances are affected by change in interest rates.
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