The Reserve Bank of India has been battling for months to protect you from high inflation. Ironically, in its war against high prices-that intensified with a sharp hike in interest rates recently-the RBI has also managed to raise the cost of living for some. All EMI-funded purchases get more expensive every time interest rates are raised. And if high rates also begin to hurt corporate earnings, dividends and returns from stock investments will also be impacted. So, is the central bank really helping you or not?
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment