RBI holds repo rate; deposit rates may still go up, here’s what depositors should do

Whenever the interest rate cycle makes a U-turn from the bottom, it is typically the short to medium term interest rates that are likely to rise first. As far as long-term interest rates are concerned, it will take a little longer for these rates to go up significantly.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/invest/rbi-holds-repo-rate-deposit-rates-may-still-go-up-heres-what-depositors-should-do/articleshow/85090608.cms