Fixed Deposit Interest Rates
A recent survey conducted by the Securities and Exchange Board of India (SEBI) reveals, that 95% of Indians pin their hopes on parking funds in a fixed deposit. Although there are many other profitable investment tools, why do people prefer fixed deposits as their investment? Well, at the very least, we can say it is due to fixed deposit interest rates. Banks and NBFCs offer a good deal of FD interest rates, making it one of the best investment tools. A recent survey conducted by the Securities and Exchange Board of India (SEBI) reveals, that 95% of Indians pin their hopes on parking funds in a fixed deposit. Although there are many other profitable investment tools, why do people prefer fixed deposits as their investment? Well, at the very least, we can say it is due to fixed deposit interest rates.
