India has always been volatile in interest rates, particularly on fixed deposits. Indian Banks regularly revise the interest rates on fixed deposits to provide more FD returns to their clients. Several factors directly or indirectly influence the FD interest rates in India. As a result, interest rates are likely to fluctuate about these factors. In addition, banks may lower or increase deposit rates due to the mismatch between their asset liabilities and assets. When credit intake is slow, the bank may reduce deposit interest rates.
Fixed deposits are an ideal investment choice for investors with a guaranteed return and a low-risk appetite. It is easy to calculate the Fixed Deposit maturity amount using an online FD calculator. Fixed deposits are financial accounts that allow investors to deposit their money for a specific period at a high-interest rate to keep their money in the bank for longer.
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About Author:Aman is working in the domain of Investment management in one of the top universities. He has published research papers and case studies in Investment and Fixed Deposit marketplace. He is an avid blogger in the domain of Investment management. you can also find him on social networking platforms. Archives
August 2022
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