Banks are offering discounts of up to 8% on fixed deposits. Should you invest in them? business News & more related News Here
During the one-year period from January 2025 to December 2025, RBI cut the repo rate by 125 basis points, i.e. from 6.5% to 5.25%. Banks followed the RBI by cutting fixed deposit interest rates. Since then, RBI has kept the repo rate constant at 5.25%. However, from the beginning of 2026, many banks have increased…