Monetary policy might sound like a complex economic term that only economists and market analysts use, but it plays a crucial role in your everyday financial life. Whether you’re saving money, repaying a loan, or planning your investments, understanding how monetary policy works can help you make better decisions. This blog will decode the complexities …
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 …