Friday, November 30, 2012

Right time to lock into recurring deposits

With the Reserve Bank of India (RBI) indicating policy easing on interest rates as soon as January 2013, you may well use the window to lock into high deposit rates if you are looking for assured returns. If you have a lump sum, fixed deposits would be the right instrument for you, but if you prefer regular savings, recurring deposits (RDs) would work for you........

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