Amid falling interest rates on FDs, these 4 investment options offer up to 8.6% interest rate

New Delhi:┬áThe Reserve Bank of India has cut the repo rate for the fifth time in a row to give a further boost to consumption and private investment in a bid to revive growth as inflation remained within the central bank’s comfort level. The RBI cut the repo rate by 25 basis points to 5.15%. Following the suit, banks have cut interest rates on loans and fixed deposits (FDs). A fixed deposit is among the most preferred investment option among senior citizens and retirees. State Bank of India (SBI), the…

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