RBI Monetary Policy: According to experts, a reduction in interest rates on loans is possible only next year, while high interest rates on FDs are likely to continue.

“The impact of the Kharif sowing season being affected may depend on the levels of reservoirs, given the looming La Niña and global volatility. Currently, it is expected that interest rates will remain at their current levels, with a possibility of rate cuts in the first quarter of the next fiscal year. The prospect of an increase in FD interest rates is low, so investors may consider putting their money in them if they wish.”