Floating Rate FD

Floating Rate FD vs Regular FD: Which is Better?

To quell the sky-high inflation, RBI’s Monetary Policy Committee has sat down for a meeting four times this year, and the result was a repo rate hike of 190 basis points. With the increasing repo rate, two crucial things have changed. Firstly, loans have become costlier, and FDs have become more lucrative. Hence, banks have …

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