MPC meeting, the Reserve Bank of India (RBI) opted to maintain the repo rate at 6.50%, a rate that has been consistent since April 2023. This decision continues to present opportunities for fixed deposit (FD) investors.

FDs are traditional old investment schemes, backed by banks under RBI regulations, offering safety to money, risk-free and guaranteed returns.

For novice investors, fixed deposits can be a great instrument since they provide security, consistency, and steady returns. Before investing in fixed deposits, don't forget to compare interest rates,

With appealing FD rates of up to 7.4%, investors can enjoy guaranteed returns and financial security, making FDs a preferred option for low-risk investment.