The Monetary Policy Committee (MPC), on December 4, decided to keep repo rates unchanged and maintained the policy stance at ‘accommodative’ amid high inflation and some signs of economic recovery. This is positive news for FD investors as banks will not further decrease interest rates on fixed deposits.Fixed deposit interest rates: Compare latest FD rates of SBI, ICICI Bank, HDFC Bank and YES Bank
The Monetary Policy Committee (MPC), on December 4, decided to keep repo rates unchanged and maintained the policy stance at ‘accommodative’ amid high inflation and some signs of economic recovery. This is positive news for FD investors as banks will not further decrease interest rates on fixed deposits.
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