Company FDs look good, but do be careful6 min read . Updated: 11 Oct 2015, 08:15 PM IST
Though company FDs offer higher interest rates than bank deposits, they carry more risks as well
While borrowers are rejoicing as loan rates have started to fall, depositors are feeling quite the opposite. The Reserve Bank of India on 29 September cut the repo rate—the rate at which it lends to banks—by 50 basis points. One basis point is one-hundredth of a percentage point.
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