Here is a simple difference between FD and FMP. A common feature of both FMPs (Fixed Maturity Plans) and FDs (Fixed Deposits) is that investors know in advance how much return they will earn on maturity The difference here is that while the returns on FDs are assured, returns on FMPs are indicative FMPs are [...]
liquidity
Will home loan interest rates come down? To counter the worsening liquidity situation of banking institutions, the Reserve Bank of India (RBI) cut the key rates including cash reserve ratio (CRR), reverse repo rate and repo rate over the last few months. New borrowers can get as low as an eight percent rate with certain [...]
