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| Name : | Virender Kumar |
| Subject: | Interest rates on deposits |
| Query : | I would like to share with all of you that, based on the advice of banknetindia, I locked my money in bank's fixed deposits. SBI has already brought down its rate of interest. I am sure other banks will follow suit. However, my interest rate is protected. For all you doubting Thomases, if you have to deposit some money in Fixed Deposits, I think there still is time. So just do it. Any body has a different line of thinking? |