Do lower rates hurt savers? Not quite, says RBI research

Economic models suggest that loss of interest income is made up by a rise in demand and wages, as per views put forth at MPC meeting.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/do-lower-rates-hurt-savers-not-quite-says-rbi-research/articleshow/83737787.cms