News From Press Fixed deposit rates are rising but don’t go overboard on them

Fixed deposit rates are rising but don’t go overboard on them

Source: Mint Jul 12, 2022

The news has been grim for quite some time: Inflation, geo-political tensions, supply chain disruptions and volatile markets. Amid all this, there is still reason to cheer for some investors. Lenders have been increasing interest rates offered on fixed deposits (FDs). But, would it be a smart strategy to increase allocation to FDs, especially with stocks failing to give better returns?

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