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03 Jun 2026

1 articles

Banking

Why Savers Are Moving Money From Savings Accounts to Fixed Deposits

Central bank data shows savers shifting from low-yield savings accounts (2.5%) to fixed deposits (around 6.25%) as rate cuts pushed savings returns below inflation. The …

BANKING SSC-CGL UPSC STATE-PCS

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03 Jun 2026

Why Savers Are Moving Money From Savings Accounts to Fixed Deposits