Is your Fixed Deposit (FD) safe? Know what happens to investment in small banks offering high returns
Fixed Deposit (FD) interest rates have increased recently, thereby enticing investors. Several small and new banks are offering more returns on the FDs than even larger banks like the SBI, HDFC, PNB, ICICI, Bank of Baroda etc.
Fixed Deposit (FD) rates have increased recently. Several small and new banks are offering more returns on the FDs than larger banks like the SBI, HDFC, PNB, ICICI, Bank of Baroda etc. Image source: Reuters