ilmscore | Prediction Details
By CA Rachana Phadke Ranade | March 7, 2025 | Correct
Interpreted Prediction
If a portion of the tax-cut influx is saved, it could go into fixed deposits, PPF, or return to markets via ETFs. This influx of deposits could also benefit the banking system, especially with potential interest rate cuts from other global central banks.
AI Evaluation Notes
The prediction suggested that tax-cut savings could flow into fixed deposits, PPF, or markets via ETFs, benefiting the banking system due to increased deposits and potential interest rate cuts. While pinpointing the exact impact of tax-cut savings is difficult, deposit growth in the Indian banking system has generally seen an increase since 2025, and the market has also grown. The direction was right but hard to measure the impact of the tax cut.

Prediction Details

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