It may make sense to lock-in some your investments in FDs at high interest rates, however it is important to remember that FDs are not ideal for long term wealth growth
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According to a press release by the RBI, the total value of Rs 2000 banknotes in circulation, which stood at Rs 3.56 lakh crore at the close of business on 19 May 2023, has significantly declined to Rs 7,961 crore at the close of business on 30 April 2024.
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