Author: Vijay Victor, Assistant Professor & Co-Chair – Accounting, Economics, and Finance, T A Pai Management Institute.

Date: 12.06.2023

The era of rising fixed deposit (FD) rates may be drawing to a close, and the withdrawal of ₹2000 currency notes from circulation is believed to be a significant factor. Various macroeconomic indicators suggest that FD interest rates are approaching their peak in the current cycle of interest rate hikes.

https://www.livemint.com/money/personal-finance/high-bank-fixed-deposit-fd-interest-rates-may-not-last-for-long-here-is-why-11686550431222.html