RBI repo rate hike: Long term FD interest rates are yet to peak; should you invest now?

[IndiaInsurance]

https://img.etimg.com/photo/97698633.cms (https://economictimes.indiatimes.com/wealth/invest/rbi-repo-rate-hike-long-term-fd-interest-rates-are-yet-to-peak-should-you-invest-now/articleshow/97698633.cms)Not all banks have raised their FD interest rates in tandem with the repo rate hikes. It will take some more time for the banks to raise their rates further. The next monetary policy scheduled in April this year will give a more tangible direction. So, if you are planning to invest in a big FD for long tenure it will be better to wait for 2-3 months.

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