Living expenses have become very expensive and without a surge in wages, which has not happened, or employment, if more people came into employment again that could have got massed out. Again, employment has not happened on that mass scale. So, then the third thing is to pump prime the economy.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,
December 8, 2025