Interest rates are a crucial part of our financial landscape, affecting everything from the cost of loans to the growth of our savings. In this blog, we’ll dive into what interest rates are, how they are determined, and most importantly, how they impact your savings. Whether you’re an experienced investor or just beginning your financial …
Have you ever wondered why loan interest rates fluctuate or why your savings account interest rates change? The answer often lies in a term you might have heard in the news: the repo rate. It’s a tool that the Reserve Bank of India (RBI) uses to control the flow of money in our economy. Understanding …