Should You Put Money In FDs At Current High Interest Rates?
Last Update Date: 06-10-2026
Published by Outlook Money
Abhishek Kumar's role: Quoted
Abhishek Kumar said interest rates had not yet turned down, with inflation rising, so the RBI may hold the repo rate for a while, which gives savers a window to lock money in deposits at higher rates.
More of Abhishek's views on saving and deposits
The article reviews December 2023 changes to fixed deposit rates by several large banks, made as the RBI held the repo rate steady. It asks whether depositors should lock in current rates, and advisers stress keeping deposits within an overall asset allocation rather than chasing the highest rate.
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Should You Put Money In FDs At Current High Interest Rates?