Lock into these FD options
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With interest rates bottoming out, go for deposits with up to two-year tenure
The consumer price inflation index has been on a decline over the past year. From around 6 per cent in July 2016, the index touched a low point of 1.54 per cent in June 2017. Taking cognizance of this among other factors, the RBI cut policy rate by 25 basis points at the monetary policy meeting last week. While there is uncertainty over the RBI’s further rate cut, interest rates in the economy are...
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