How does the RBI credit policy impact us

How does the RBI credit policy impact us

Over the past six months, RBI’s credit policy has focused more on pushing up liquidity rather than giving rate signals The credit policy or monetary policy is announced by the RBI every two months. The purpose of the policy is to give a picture about the inflation in the economy, the likely path of interest rates and the liquidity in the system. Additionally, the policy also reviews the global economy and gives hints on how the Indian economy could perform in the near future. Riaz Ahmed, a middle-aged drilling engineer…

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