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Investors' Hangout | By Dhirendra Kumar | 18-Aug-2017
The RBI recently cut its key lending rate to 6%. Within a few days, the SBI cut the rate on savings accounts to 3.5% and even private sector players such as Axis Bank followed suit. Fixed deposit rates at about 6-7% are not much better and they are much less liquid. So is there a way to save your savings? Yes, mutual funds offer a compelling alternative. We tell you exactly how in the upcoming Money Hangout.
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