RBI MPC likely to keep repo rate unchanged: Book FDs at high interest rates before they start to dip
Published by Economic Times
Abhishek Kumar's role: Quoted
Abhishek Kumar, founder of SahajMoney, said fixed deposit investors should consider booking deposits before banks begin cutting rates in response to RBI action.
More of Abhishek's views on saving and deposits
Ahead of the RBI's June 2023 policy meeting, the article explains why economists expected the repo rate to stay unchanged and how the ₹2,000 note withdrawal added to bank liquidity. It gathers experts' views on whether FD rates are near their peak and on choosing tenures, including special-tenure deposits.
Publisher source
RBI MPC likely to keep repo rate unchanged: Book FDs at high interest rates before they start to dip
