Lock in fixed debt rates

The RBI has been increasing interest rates with the expectation of high inflation and high oil prices.
This as you are very much aware created significant tensions between the RBI and the government. The high real interest rates of 8% is unsustainable and is actually bad for the economy.

The RBI governor has now changed and now potentially there may be a more dovish governor at the RBI. This will potentially reduce the interest rates going forward in the economy.

 

 

As we move ahead , i believe over the next quarter , the rates will start moving down and while as usual home rates will be slow to reduce , fixed deposit and ncd rates will move down quickly.

This is the right time to block your returns for the next few years.