Are FD rates headed towards 8% after RBI repo rate hike?

[IndiaInsurance]

https://img.etimg.com/photo/93349896.cms (https://economictimes.indiatimes.com/wealth/invest/are-fd-rates-headed-towards-8-after-rbi-repo-rate-hike/articleshow/93349896.cms)A reliable signal for long term interest rate is the 10-year G-sec yield, which registered a peak of 7.475% recently on July 11, 2022.

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