Where to invest now when interest rates are falling?
Where to invest now when interest rates are falling? https://www.fundstiger.com/where-invest-now-interest-rates-falling/ The Reserve Bank of India (RBI) has cut the repo rate five times this year. Banks, following suit have cut interest rates on loans as well as on an investment avenue favoured by many Indians – fixed deposits. Yes, the flipside to the lower interest rate regime is the fall in returns of fixed income products like the FD. The FD is a product that a lot of senior citizens and usually housewives depend on for regular income. So, in a scenario where FD interest rates are declining, what are the options available for those senior citizens and retirees who depend on it to meet their financial needs? Here are some investment avenues that are currently offering higher interest rates as compared to Bank FDs. Source: Economic Times 1.Post Office Time Deposits (POTD) POTD are currently offering 6.9 per cent on one-three year tenure. A five year time deposit is off...