FD interest rates set to fall? Why investing in long-term fixed deposits may make sense right now

Fixed deposit (FD) investors enjoyed high interest rates recently, but a decline might be imminent as the Reserve Bank of India considers future rate cuts. Banks have been slow to adjust deposit rates. Investors may look to lock in current high rates and consider long-term FDs.

Aug 13, 2024 - 13:30

FD interest rates set to fall? Why investing in long-term fixed deposits may make sense right now

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Fixed deposit (FD) investors enjoyed high interest rates recently, but a decline might be imminent as the Reserve Bank of India considers future rate cuts. Banks have been slow to adjust deposit rates. Investors may look to lock in current high rates and consider long-term FDs.