Opt for home loan balance transfer or prepay to counter rising rates

Depositors should invest in short-duration fixed deposits now so that they can roll them over at higher rates in the near future

Sanjay Kumar Singh |Business Standard
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Opt for home loan balance transfer or prepay to counter rising rates

Last Updated : Aug 07 2018 | 12:31 AM IST

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Interest rates are on their way up. The Reserve Bank of India (RBI) has delivered two successive rate hikes, taking the repo rate to 6.50 per cent. Last week the State Bank of India (SBI) hiked its re

First Published: Aug 06 2018 | 11:53 AM IST

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