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Investment
Life insurers set to cut return on guaranteed plans post demonetisation

Following a decline in interest rates, life insurers are set to lower returns on their guaranteed traditional plans.  Sensing the business opportunity, life insurance agents have also been aggressively pushing guaranteed plans, before insurers announce the revised rates.

 
 
If you are a conservative investor who relies on bank fixed deposits for regular income, it is better to lock-in money in FDs now, as the rates will fall further.
Those currently invested in debt funds are advised to remain invested and people with ample idle money should also concentrate on investing their surplus funds.
Here are a few points that should help you decide wether to buy a plot of land or invest in a flat.
This can be good news for borrowers as banks are expected to reduce the lending rates. But this could also mean that your fixed deposit rates might go down further.
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