Fixed Deposits (FD) have long been considered one of the safest investment options for Indians. Over the years, FD interest rates have witnessed considerable fluctuations influenced by various economic factors. With the advent of digital technology, understanding these changes has been made easier through tools like the FD interest rates calculator. Let’s delve into how FD interest rates have evolved over time and explore the role of calculators in gauging these trends. Historical Perspective of FD Interest Rates FD interest rates in India have been subject to change mainly due to economic policies, inflation, and demand-supply dynamics in the banking sector. In the pre-1990 era, banks offered modest interest rates…