MUMBAI: As the stock market gets more volatile, corporate fixed deposits’ (FDs) are finding more takers among retail investors, who prefer stable returns even if they are much lower than what possibly equities could offer. The double-digit yields — 9-12% — promised by over two dozen well-known companies are almost twice the deposit rates —6-7%— that most banks are offering. “Given low bank deposit rates and volatile stock markets, there is demand for fixed deposits bearing higher rates,” says...
Full Story: The Times of India
