Share Market Speculation Leads To Hike In Short Term Fixed Deposit Interest Rates

Dec. 24, 2008 - PRLog -- Noida (Paisawaisa) : As most of the investors are now showing great interest to invest money either in fixed deposits or in corporate fixed deposits, one of the major non-banking companies Tata capital wants to show them another best alternative by planning to arise nearly Rs 1,500 crore through a public issue of bonds.

This may be a sigh of relief for the investors, who do not want to invest a large amount of money in long term fixed deposits (http://www.paisawaisa.com/banking/fixed-deposit.aspx) . To tempt the investors, now, most of the Indian corporate companies have started offering high amount of interest rates than the fixed deposits on taking bonds.

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To compete with the private corporate companies, now, most of the Indian public sector banks are offering high amount of interest rates on short term fixed deposits. So, the investors can go for the short term FD to get good range of money with in a short span of time. Moreover, it seems to be the best and secured way not to drown in this current economic quagmire.

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