FD schemes: RBI draft rules aim to boost transparency in investments; what it means for you | Collector

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FD schemes: RBI draft rules aim to boost transparency in investments; what it means for you

Business Today

FD schemes: RBI draft rules aim to boost transparency in investments; what it means for you

The Reserve Bank of India (RBI) has proposed draft rules aimed at making deposit interest rates more transparent while giving banks greater flexibility to price large deposits. If implemented, the changes could make it easier for FD investors to compare rates and potentially benefit from increased competition among banks.

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