What should FD investors do now? RBI cuts repo rate by 50 bps, interest rates will fall further

8 months ago 4
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RBI repo rate cut by 50 bps: The RBI has cut the repo rate and other key rates by 50 bps in today's monetary policy announcement. The latest rate cut brings bad news for fixed deposit investors as banks will cut FD interest rates. How can FD investors still earn higher interest rate?
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