Corporate FDs vs Bank FDs: Which one should you opt for? Let s compare | Business indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
What is a corporate FD: Similar to bank fixed deposits, corporate FDs provide interest earnings and offer flexibility in choosing the investment amount and duration. Fixed Deposits serve as a popular choice for long-term investments, particularly for older investors aiming for a secure retirement. The tenure period plays a crucial role in determining when investors will receive returns before maturity. In corporate fixed deposits, the tenure typically ranges from six months to 5 years, offering a shorter duration compared to bank fixed deposits.
The mined metal production of Hindustan Zinc for the quarter ended March FY24 declined 1 per cent YoY to 299 kt, but the same increased 11 per cent on a sequential basis,
On Tuesday, 2853 stocks advanced, 1003 declined and 103 remained unchanged, on the Bombay Stock Exchange (BSE) with an advance decline ratio of 2.84 indicating positive closing of stocks in broader markets.