There are speculations that the RBI would slash the repo rate later this year, thus kicking off the rate cut cycle starting next calendar year. Lower rates would, more likely than not, ensue lower interest rates on fixed deposits as well.
There are speculations that the RBI would slash the repo rate later this year, thus kicking off the rate cut cycle starting next calendar year. Lower rates would, more likely than not, ensue lower interest rates on fixed deposits as well.