Good news for investors! Fixed deposit rates expected to remain high - here’s why your FD may pay higher for longer time
Friday, 5 January 2024 FD rates: Analysts predict that deposit rates in India will stay elevated due to strong credit growth, tight liquidity, and fierce competition for funds. State Bank of India and Kotak Mahindra Bank have raised their fixed deposit rates, while DCB Bank has increased rates on certain tenures. Banks are compelled to increase deposit rates due to tightened liquidity and increased competition for deposits.
Average Long-Term , Mortgage Rates Climb, , Ending 9-Week Slide.
'The Independent' reports that
average long-term mortgage rates in
the United States edged higher this week. .
On January 4, mortgage buyer Freddie Mac said that
average rates for a 30-year mortgage climbed to 6.62%,
ending a...
Higher Than Expected , Inflation , Could Signal Fed to Cut Interest Rates.
Yahoo Finance reports that consumer prices rose higher
than forecast in December, a sign investors hope will
signal the..
Credit: Wibbitz Top Stories Duration: 01:31Published
Friday, 5 January 2024
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