FD investors: Smart strategies you should follow now regardless of RBI MPC decision on December 6, 2024
Last Update Date: 06-10-2026
Published by The Economic Times
Abhishek Kumar's role: Quoted
Abhishek Kumar said that if the RBI cuts the repo rate, banks would soon follow by lowering their rates.
More of Abhishek's views on saving and deposits
Ahead of the RBI policy meeting on 6 December 2024, the article explains what fixed deposit investors could do whether rates are held or cut. It covers expectations for the repo rate, how and when deposit rates may follow, and strategies such as locking in current rates, laddering maturities and spreading deposits across banks.
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FD investors: Smart strategies you should follow now regardless of RBI MPC decision on December 6, 2024