Fixed deposit involves someone putting a fixed amount of money for a fixed year in a bank or other financial institutions.
Now banks makes interest from this Money through loans they give out to businesses .
Considering how businesses have been affected by the pandemic , is it advisable to invest in fixed deposit ? , will banks be able to make interest that they will pay you from the deposit ?
Now banks makes interest from this Money through loans they give out to businesses .
Considering how businesses have been affected by the pandemic , is it advisable to invest in fixed deposit ? , will banks be able to make interest that they will pay you from the deposit ?