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Source: Live Mint The Reserve Bank of India (RBI) cut its repo rate from 6.50% to 6.25%, a 25 basis point decrease. This presents a problem for investors in Fixed Deposits (FDs) because a decrease in the repo rate usually indicates a future decrease in bank interest rates. This is the last chance for FD…
Source: Live Mint For conservative investors who avoid taking risks, fixed deposits (FDs) provide a reliable, consistent long-term investment return. Currently there are several banks in India that provide an interest of over 8% on FDs. Out of all the banks, small finance banks provide relatively higher interest rates compared to public, private and foreign…
Source: Live Mint Fixed deposits (FDs) offer a reliable, consistent long-term investment return, making it a preferred choice among conservative investors. Investors deposit a lump sum amount and earn interest on the total amount. A fixed deposit provides higher interest rates than a savings account, making it an attractive option for conservative investors. Check out…
