Indian savers are increasingly shifting money from fixed deposits to equities and mutual funds, signaling a major change in household finance. Lower and more uncertain FD returns, improving access to mutual funds via fintech, and greater comfort with market-linked investing are pushing savers to seek higher long-term growth. The result: a rapid transition from safety-first to returns-focused portfolios.
Shriram Finance Limited has revised fixed deposit interest rates effective May 6, 2026, lowering returns across multiple tenures for deposits up to Rs. 10 crore. The move comes after the company’s upgrade to a AAA (Stable) credit rating, signaling strong safety for depositors. Investors, especially women and senior citizens, should compare new maturity-wise yields before locking funds.
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The RBI has cut the repo rate by 25 basis points for the first time in nearly five years, reshaping expectations for fixed deposit returns. Despite the move, inflation concerns, slower GDP, and a weaker rupee limit room to celebrate. Any next reductions—potentially 50 to 75 bps—may hinge on inflation staying in check and global monetary conditions improving.
Zerodha is expanding its Coin platform into a broader passive wealth management hub, adding fixed deposits alongside existing offerings like mutual funds, NPS, and insurance. The firm is also looking at distributing bonds, positioning Coin as a single place for investors who prefer non-active management of their money.
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