Fixed Deposits: Government-owned Finance Companies of Kerala and Tamil Nadu Are Offering Attractive Rates; Are There Hidden Risks?
Clinton Fernandes  and  Maya M 16 July 2020
As interest rates on bank fixed deposits (FDs) go below 6%, those looking to earn high returns are moving to non-traditional avenues such as company deposits. Some companies are allowed to raise capital through borrowing directly from retail investors. We will discuss the FDs offered by three firms, namely, Tamil Nadu Power Finance and Infrastructure Development Company (TNPFC), Tamil Nadu...
Archived Premium Content
This article is outside your subscription period. You can buy this article individually.
SINGLE ARTICLE
Rs 50-Rs 100 + GST
Access will be given ONLY to this article.
 
Already a subscriber ? Log in
Free Helpline
Legal Credit
Feedback