RBI Policy: Should you lock your money in an FD since the rate cut cycle to begin soon?
After the US Fed lowered policy rate by 50 bps from its 23-year high, the Reserve Bank of India (RBI) is likely to follow suit and cut the benchmark policy rate, perhaps later this year. And with interest rate cut cycle set to commence in December, investors are recommended to lock their money in fixed deposits (FDs) … Read more