Have you ever considered the saying, “A ship in harbour is safe, but that is not what ships are built for”? Similarly, while bank fixed deposits (FDs) offer stability, they may not always provide the best returns. As the world around us evolves, it is crucial to adapt our investment strategies to match the changing… Continue reading What Are the Risks of Investing in Bank Fixed Deposits? Are There Other Investment Options Available Which Can Offer Better Returns?
Tag: Bank Fixed Deposits
Banks hike FD rates. Are FDs making a return? Is it time to rebalance your portfolios and include more FDs?
As a domino effect of the consecutive rate hikes by the Reserve Bank of India(RBI), major banks, including HDFC Bank, ICICI Bank, IndusInd, and IDBI Bank, other smaller banks are also offering attractive rates to the general public and senior citizens. Rising repo rates often bring up a question. Is it a good time to… Continue reading Banks hike FD rates. Are FDs making a return? Is it time to rebalance your portfolios and include more FDs?