Cd Rates 2024 Predictions In India. As of april 2024, india's cd ratio is hovering around 80%, the highest in two decades. According to cdvalet's report, there were some banks offering apys as high as 9% in the second quarter of 2024.
As soon as the fed signals it’s ready to start cutting rates, the drop in cd rates will accelerate—making this a smart time to lock in one of today’s best nationwide. Here’s a breakdown of what you can expect from cd rates in 2024 and the factors that can impact them.