Economic TimesLean R·
CD rates move in opposite directions amid liquidity surge
Within the Indian financial landscape, the contrast between short- and long-term certificate of deposit rates is becoming increasingly evident. Short-term rates are experiencing a decline thanks to heightened liquidity from foreign currency inflows. Conversely, long-term rates are climbing, fueled by expectations surrounding future interest hikes. Financial experts warn that borrowers could face higher costs as both inflation and global interest rates continue to rise.
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