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#MCPersonalFinance| Senior citizens prefer to invest in #FDs as equity markets are highly volatile also there is a high risk of losing the principal amount. Which banks are offering the best #rates?

https://www.moneycontrol.com/news/business/personal-finance/yes-bank-and-dcb-bank-offer-the-best-rates-on-three-year-fds-for-senior-citizens-6667941.html?utm_source=telegram&utm_medium=social
Should you be #investing in #FDs now? 💸

We all know that the era of low-interest rates is behind us. #RBI has been raising #InterestRates as #inflation does not seem to be transitory, just like in the rest of the world. But only a part of it has been passed on by banks to fixed deposit #investors so far.

📹 Watch the video to find out if it is still viable to invest in FDs! 👇
https://www.youtube.com/watch?v=S--QjhAR8EQ