New FDs may offer lower returns after RBI rate cut: Should you adjust your investment plan?
RBI’s 25 bps repo rate cut to 5.25% may reduce FD returns, impacting depositors—especially senior citizens. Banks are expected to lower rates further, following earlier 1–1.5% reductions. Experts advise locking in FDs now to secure higher interest before fresh rate cuts take effect in this easing-rate environment.
Visit: https://www.cnbctv18.com/personal-finance/new-fixed-deposits-may-offer-lower-returns-rbi-rate-cut-investment-strategy-ws-l-19781690.htm
#RBIUpdate #FDReturns #InterestRates #IndianEconomy #InvestorsAlert
RBI’s 25 bps repo rate cut to 5.25% may reduce FD returns, impacting depositors—especially senior citizens. Banks are expected to lower rates further, following earlier 1–1.5% reductions. Experts advise locking in FDs now to secure higher interest before fresh rate cuts take effect in this easing-rate environment.
Visit: https://www.cnbctv18.com/personal-finance/new-fixed-deposits-may-offer-lower-returns-rbi-rate-cut-investment-strategy-ws-l-19781690.htm
#RBIUpdate #FDReturns #InterestRates #IndianEconomy #InvestorsAlert
New FDs may offer lower returns after RBI rate cut: Should you adjust your investment plan?
RBI’s 25 bps repo rate cut to 5.25% may reduce FD returns, impacting depositors—especially senior citizens. Banks are expected to lower rates further, following earlier 1–1.5% reductions. Experts advise locking in FDs now to secure higher interest before fresh rate cuts take effect in this easing-rate environment.
Visit: https://www.cnbctv18.com/personal-finance/new-fixed-deposits-may-offer-lower-returns-rbi-rate-cut-investment-strategy-ws-l-19781690.htm
#RBIUpdate #FDReturns #InterestRates #IndianEconomy #InvestorsAlert
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