When you decide to invest in Fixed Deposit (FD), the first thing that would probably come up would be whether to invest in Bank FD or to invest in a company or Corporate FD. Earlier bank FDs were considered to be the only reliable platform to open an FD. This was because many Non-Banking Financial Companies (NBFCs) had defaulted in re-paying the deposited amount leading to building lack of trust in the customers. However, with the emergence of credit rating companies like CIBIL (Credit Information Bureau India Limited), CRISIL (Credit…
Read MoreCorporate fixed deposits offer higher interest rates than banks. Is it safe and smart to invest in them?
