FD investors should enjoy "acche din" as high fixed deposit interest rates are expected to stay stable. Stay tuned for the RBI MPC on June 7!

Investors in fixed deposits (FDs) will undoubtedly continue to receive greater interest rates, therefore "acche din" will persist. This is due to the expectation that the Reserve Bank of India won't be altering the repo rate at this time. The Monetary Policy Committee's (MPC) conclusions are expected to be announced by Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday, June 7, 2024. In the impending monetary policy committee review, the central bank is probably going to leave the repo rate steady. How long will the high-FD rate regime last is the current question. What should be your best course of action for both your long-term and short-term fixed deposits? Here's what you need to know, according to experts ET Wealth Online spoke with. The announcement of the RBI MPC decisions on June 7: It is anticipated that the RBI would maintain the 6.5% repo rate. The central bank is anticipated to maintain the repo rate at 6.6% for the seventh consecutive month due to an e