Watch Out - Fixed Deposit Coming Down, Again...
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Watch Out – Fixed Deposit Coming Down, Again…

Savers and depositors are in tears while borrowers are rejoicing as interest rates continue to come down, a ongoing trend over multiple years. State Bank of India has cut rates and others banks will follow. Rates on 2 and 3 year deposit rates have been reduced to below 7%, rates, which are well below the 9% and more in years past. These rate reductions and… Read More

  • 2 May 2017
  • WerIndia
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