What about FD. I am thinking to do some of my investment in FD. I am planning to do it in any nationalized bank like SBI, PNB...
Any suggestion ?
I was looking at PNB Fixed Deposit Rate of Punjab National Bank.
1 year 7.00%
1 year 1 day to 2 years 6.90%
2 years 1 day to 5 years 6.90%
why the interest rates decrease as the period increased...?
And interesting one
7 days to 14 days 4.25%
Why not do FD for 14 days every month and get the return of 4.25 %
looking a noob question as per my limited knowledge