Fixed Deposits Offering Up to 9% Interest Rate – Time to Reserve Fds or Wait for More Hikes?
A relatively risk-free instrument, fixed deposit (FD) generally becomes attractive in higher interest rate regimes. But is it the right time to invest in FD? Read this to understand Fixed deposit (FD) interest rates have crossed the 9% mark after many years, with several repo rate hikes by the Reserve Bank of India (RBI) in …