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Banks Raise Interest Rates On Fixed Deposits; Lock-In FD Vs Bonds, Stocks & Other Assets

After dealing with low interest rate environment, one may see a glimmer of hope for fixed deposit buyers. With the RBI upping interest rates and the likelihood of more hikes in the coming months, banks have started raising interest rates payable on FDs. But is switching to bank FDs a good option? Let's find out.

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