Obviously Covid 19 has brought great fears in the minds of public more so, who have saved their hard earned money in the form of Fixed Deposits with Banks and Financial Institutions. With the interest rates fluctuating and Banks coming out with reduced interest rates on their Deposits, what is the Public opinion on this? Here is an article which explains the pros and cons of keeping deposits with Companies and Banks.
While the situation is quite gloomy, the investors should take a cautious decision, keeping in view the volatility in the market.
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