Repo Rate cut by RBI sounds like good news – EMI down, home loans cheaper, car loans affordable.
But what about Fixed Deposit returns? Why are FD rates falling even when banks earn more profit? And here’s a big secret – even government schemes like PPF (Public Provident Fund) and SCSS (Senior Citizen Savings Scheme) could be negatively impacted!
In this short, we explain why FD returns fall when repo rate is cut, and how it affects your savings & investments.
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Team Technically Practical -
Produced By:
Akshay Dodkade
Creative Support:
Chaitali Puranik
Suyash Salunkhe
Nikhil Shirdhankar
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