RBI's Warning: Fixed Deposit Holders Face Lower Returns Amidst Repo Rate Cuts

• RBI Governor Sanjay Malhotra announced Monetary Policy Committee decisions, signaling disappointment for fixed deposit holders.
• Lower repo rates mean cheaper loans but also reduced interest on bank deposits, a trend observed over the past year.
• Further repo rate cuts could lead to even lower FD interest rates, with key policy rates expected to remain low.
• RBI maintained the repo rate at 5.25% with a neutral stance, but future rate changes depend on economic conditions.
• Impact of interest rate changes on deposits is delayed, suggesting further drops in FD rates in the future.