Investors turn to T-Bills, Gsecs as banks delay deposit rate hikes

As these instruments offer potential returns that might exceed those on fixed deposits by up to 200 basis points, savers are using the central bank's retail direct platform to buy into these sovereign instruments. One basis point is 0.01%.

Investors turn to T-Bills, Gsecs as banks delay deposit rate hikes
As these instruments offer potential returns that might exceed those on fixed deposits by up to 200 basis points, savers are using the central bank's retail direct platform to buy into these sovereign instruments. One basis point is 0.01%.