interest rates
fd interest rates + loans are expected to be lowered anytime within the next one month. please update in this thread or tag everyone as soon as you find that a bank or nbfc has started it so that it can be helpful for all
@Rajkotian @Watcher @Ash-D @Snapz @guest_999 @HasdaChehra @DEEPANGEORGE @bumblefoot @BlueFlash @popeyemask @goss8877 @DeciDeaim
@Rajkotian @Watcher @Ash-D @Snapz @guest_999 @HasdaChehra @DEEPANGEORGE @bumblefoot @BlueFlash @popeyemask @goss8877 @DeciDeaim
Disclaimer
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
16 Comments
|
7 Dimers
- Sort By
https://www.desidime.com/comments/permalink/10341840
I saw Kotak email few weeks back with 8.5% for home loan it has reduced from 8.75%
https://www.desidime.com/comments/permalink/10341898
The rate at which people are breaking their FDs to invest in MFs, banks will be left with no choice but to increase the interest rates 😄
https://www.desidime.com/comments/permalink/10341920
yeh kaun log ha paji jo ath pe invest kar rahe?
View 1
more reply
https://www.desidime.com/comments/permalink/10342006
I see steap impact soon on rates.
https://www.desidime.com/comments/permalink/10384573
update- reduction in fd rates have started
Click here to reply
Reply
it will take another 3 or 6 months before it reflects here in India:)
1) RBI has to cut REPO RATE first which might take some time
2) after that interest rate cut will happen in FD with a lag around another 3 months IN ADDITION TO RBI TAKEN TIME, around 0.25 ot 0.5% max to max which is tough too
3) finally loan interest rate will decrease after another 6 months
because FD rate and loan interest rate is not enforced by RBI, EVERY bank decides internally both FD and loan rate BASED ON SUPPLY DEMAND
repo rate wont have immediate effect
so lets wait another 6 months before something fruitful happens
only stock market might have drastic changes NOT DEBT MARKET
my personal opinion