Deficit monetisation can keep interest rates down: SBI report

A report by State Bank of India has argued for keeping interest rates low with the government meeting its cash requirement by raising funds directly from RBI. RBI support would help the government fund the surge in spending due to the Covid-19 pandemic.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News
https://ift.tt/3eH7YIF