Research Scholar,
In the present context India's economy is moving towards a sluggish growth trend where the increase in the inflation and reduction in the crude oil prices and a enhanced export bill causing India's growth strategy under stranded in its way. Actually in the present case it is not a good sign for a developing nation like India to keep its inflation on its top where still developments are lagging. But the recent measures adopted by country's central bank RBI has actually given a ammunition to the economy by all means throwing lights to the sectors like automobiles sector, real estate sector, banking sector, etc. Giving a positive signal to all classes of public, corporate, traders, etc. This paper actually studies fully about the impact on economy after interest rate cuts and also its aftermath effects, disadvantages due to the interest rate cuts. This paper is purely based upon on conceptual one mainly emphasising upon the growth of Indian economy.
Banking scheme, BFS, Interest rate