P: Banks, which garner the lion’s share of retail debt allocations, pegged down their term deposit interest rates with alacrity by 200-250 basis points between 2014 and 2016 as market rates fell.
Q: Indian savers have made a decisive shift from real to financial assets in recent years prompted by policy nudges and sluggish gold and property markets.
R: But they have been tardy in passing on the rate increases of the past year.
S: But while umpteen new equity-linked options have sprung up on their menu - MFs, NPS, market-linked insurance plans - there’s a notable dearth of debt options.