An increase in FDs is an indication that investors expect interest rates to come down further. It is also reflective of risk-aversion. From the deposit numbers of the large banks that have declared their results so far, it is seen that the share of FDs is either rising or is steady.source https://economictimes.indiatimes.com/industry/banking/finance/banking/at-rs-6-lakh-crore-banks-fresh-fixed-deposits-in-q1-double-from-last-year/articleshow/77325560.cms
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