Do Common Man Always Benefit from RBI's Rate Cut?
Channel: Madhusudan Raj
Date: 2015-10-05

Last Tuesday RBI governor Raghuram Rajan again reduced the market interest rate by a big 50 basis point to supposedly revive the sagging Indian economy. In post policy interviews with news journalist he said that, the common man always benefits from the rate cut. Is it true? Do common man always benefit from RBI's rate cut? In my latest economic analysis I give answer of this question.