https://www.taxtmi.com/news?id=46025 The repo rate cut reduces banks' cost of funds and typically leads banks and NBFCs to lower fixed deposit rates, creating a limited opportunity to lock higher yields by booking FDs now. Digital platforms aggregating RBI-regulated issuers enable rapid comparison and placement of FDs using PAN/Aadhaar and DigiLocker KYC, and deposits remain insured up to the statutory limit by the Deposit Insurance and Credit Guarantee Corporation, preserving a layer of investor protection. en-us Mon, 09 Jun 2025 11:46:03 +0530 Mon, 09 Jun 2025 11:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=46025 The repo rate cut reduces banks' cost of funds and typically leads banks and NBFCs to lower fixed deposit rates, creating a limited opportunity to lock higher yields by booking FDs now. Digital platforms aggregating RBI-regulated issuers enable rapid comparison and placement of FDs using PAN/Aadhaar and DigiLocker KYC, and deposits remain insured up to the statutory limit by the Deposit Insurance and Credit Guarantee Corporation, preserving a layer of investor protection. News - Mon, 09 Jun 2025 11:46:03 +0530 https://www.taxtmi.com/news?id=46025