SBI deposit rate hike: FD another option for retirees?

After an increase in exemption limit on interest on fixed deposit in the budget 2018, the recent hike in deposit rates by the State Bank of India (SBI) on retail and bulk deposits by up to 50 and 75 basis points respectively has given retirees one more reason to rejoice. However, fixed deposit isn't the only the investment option for retirees. Take a look.

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