Will you get more interest on FD for 2 years? RBI governor gave indications

[{"selector":"#anim-ee2f8599-5193-48cb-a6a8-3c450fabf35e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-34.179687404002955%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Will you get more interest on FD for 2 years? RBI governor gave indications

[{"selector":"#anim-82e956be-1400-4d01-a585-dadf42ed2967 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-34.15624990386074%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Reserve Bank of India Governor Shaktikanta Das said that the bank has set a target of bringing the inflation rate to 4 percent during the next two years.

[{"selector":"#anim-b1f721ea-722b-40ce-aa86-8fc92172bd91 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] For this reason, interest rates may continue to rise in the next 2 years.

[{"selector":"#anim-d52e5fc0-fa66-4f6d-8428-eac8b107a361 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-28.90624987200394%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Even if the rates do not increase much, they are not likely to be cut.

[{"selector":"#anim-08d38f5b-dbbd-4267-b671-44c19e54c2c3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-34.25730509927914%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] That is, you can get more interest on deposits in banks.

[{"selector":"#anim-168b0dc8-7474-4bed-af84-033026bea11f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-34.13461528834485%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Apart from this, loans can also become more expensive, that is, the EMI on home and car loans may increase further.

[{"selector":"#anim-4e31a838-6f9b-441f-b679-42925444c9a0 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-28.90624987200394%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] At the same time, debt will be expensive for the government and industry as well.

[{"selector":"#anim-39626170-3dba-4888-8571-3e18c3fd243a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-34.25730509927914%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Due to which economic growth can be affected.

[{"selector":"#anim-a0ced7fb-f05a-4530-8ce8-f78ce72b5286 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-33.12499989760315%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] At present, the retail inflation rate has been recorded at 6.71 percent.

[{"selector":"#anim-d4e0cc7b-6cdc-4e05-9dab-90de0a15e179 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-34.179687404002955%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] And RBI wants to bring it down to 4 per cent in 2 years.