Book FDs at high interest rates before they start to dip as RBI MPC is expected keep repo rate unchanged

RBI MPC and its impact on fixed deposit interest rates: The RBI MPC is likely to keep the repo rate unchanged yet again in its June Monetary Policy Committee (MPC) meeting. As an FD investor if you want to make the best out of the likely interest rate cycle reversal towards possible rate cuts, you need to act now. Investors still have a chance to hop on the bus of high fixed deposit interest rates. Here's how you can go about it

from Personal Finance News-Wealth-Economic Times https://ift.tt/EoHVinN