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What to do if the interest rate is reduced?

Ninad Ramdasi
/ Categories: DSIJ_Magazine_Web, Letter to Editor, DSIJMagazine_App, Editorial, Letter to Editor
What to do if the interest rate is reduced?

The valuable perspectives shared in the latest release regarding the fall in interest rates and its consequences were highly insightful. In anticipation of potential rate cuts by the RBI soon, what actions should I take if my reliance is on interest income from savings accounts or fixed-income investments? - Sadanand G. 

 

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