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MCLR more effective in policy transmission than base rate regime: RBI paper

The newer marginal cost of funding based lending rate (MCLR) system is more effective than the erstwhile base rate method, a paper by the Reserve Bank of India said on Friday. The paper said that for every 1 percentage point increase by the RBI in its repo rate, the weighted average lending …

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How cost effective is it to buy solar batteries when installing solar panels at home?

Although they’re not yet mainstream, more households are turning to having solar panels installed at their home in an effort to be more environmentally friendly. As we’ve had a run of hot weather, those with panels installed are likely to have netted themselves a lot of renewable energy in recent times. However, some of this …

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