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FD interest rates set to fall? Why investing in long-term fixed deposits may make sense right now - Times of India

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[ad_1] Fixed deposit (FD) investors have benefited from rising interest rates over the past 1-2 years, with rates reaching their peak and remaining there for a considerable time. However, this favorable situation is not expected to continue indefinitely. Although the Reserve Bank of India (RBI) has maintained the repo rate, it is anticipated that this may be the final pause before the central bank initiates a cycle of interest rate reductions, potentially leading to a gradual decrease in bank FD interest rates .While FD investors profited from the rising interest rate environment, the same investment approach may not yield equal benefits in a falling interest rate scenario. "Given the resilient economic growth, the RBI has some flexibility to wait until inflation sustainably falls below the 4% target before considering any rate cuts," ET quoted Raghvendra Nath, MD, Ladderup Wealth Management Pvt. Ltd as saying. Where are FD interest rates headed? Although policy rate ...

Bank Of Baroda Hikes FD Rates, Now Earn Up To 7.25%

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[ad_1] New Delhi:  The interest rates on Bank of Baroda's fixed deposits (FDs) up to Rs 2 crore have increased. After the adjustment, the general public's FD interest rate may increase to 7.25 percent. Seniors who deposit money with the Bank of Baroda might earn up to 7.75 percent on their fixed deposits. The new rates are coming into effect today, May 12, 2023. Bank of Baroda's Latest Fixed Deposits (FDs) Rates For General Investors For deposits maturing in the next 7 to 45 days, the Bank of Baroda is offering a 3 percent interest rate. A 4.5 percent interest rate will be paid on FDs that mature in 46 to 180 days. FDs maturing between 181 and 210 days will receive a 4.5 percent interest rate from the Bank of Baroda. ( Also Read: Meet Linda Yaccarino, The Woman Rumoured To Be New Twitter CEO --In Pics ) Fixed deposits with maturities of 211 days or fewer will receive interest at a rate of 5.75 percent. On Fixe Deposits with maturities between one and two yea...