Budget 2023: What Changes Can We Expect from Fixed Deposit Interest Rates?
Budget 2023 has been released, and investors are curious to know what changes to expect from fixed deposit interest rates. With the Reserve Bank of India (RBI) maintaining an accommodative stance on interest rates, the government may introduce policies that could have an impact on the interest rates offered on fixed deposits.
New Delhi: While enunciating the government’s vision of providing a transparent and accountable administration which works for the betterment and welfare of the common citizen, the Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, presented the Union Budget 2023-24 in Parliament on Wednesday.
New Delhi/IBNS: Ahead of the 2024 general elections in India and polls in key states this year itself, Union Finance Minister Nirmala Sitharaman on Wednesday presented the annual budget offering a big relief to the taxpayers while emphasizing on job creations and ramping up capital spending.