From India TV
Right Owned by Independent News ServiceHigher repo rate, higher FD rates: Is this the return of fixed-income investing? Find out
RSS excerpt
The Reserve Bank of India (RBI) increased the repo rate by 25 basis points from 5.25 per cent to 5.50 per cent. Generally, an increase in repo rates raises the cost of borrowing, though it may also create investment opportunities for people seeking fixed-income options, including fixed deposits…