FDs will get more interest amid inflation: Due to increase in repo rate, banks will also increase interest rates; Know how to reinvest FD
To control inflation, the Reserve Bank has increased the repo rate by 0.25% to 5.50%. Due to this, on one hand loans will become expensive, on the other hand banks will soon increase the interest rates of their fixed deposits. However, those who have already made fixed deposits will not get the immediate benefit and…
