Cover yourself against future cuts, lock into current fixed deposit rates

Consider alternatives like SCSS, NSC if you don't have interim liquidity needs

Health Ministry sends high-level team to UP for dengue management

Sarbajeet K Sen

Listen to This Article

The Reserve Bank of India (RBI) has kept the repo rate constant at two consecutive Monetary Policy Committee (MPC) review meetings. Earlier, bank fixed deposit (FD) rates were rising alongside the increase in policy rates. RBI's pause invites the question whether FD rates have peaked too.

The US Federal Reserve (Fed) also paused this month. “Most global central banks are close to completing their interest rate increases. Commodity prices, such as crude oil, have stayed relatively stable in recent months. This implies that we might be approaching the peak of the interest rate hike cycle,” says Raj Khosla, founder and managing director (MD),

The liquidity factor

First Published: Jun 22 2023 | 3:29 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to