What are the problem of the functions of ratio in india
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Mutual funds are advertised with the rider that they are subject to market risks, but what about fixed deposits? While caution is thrown to the wind when talking mutual funds or the stock market, banks are considered to be a safer destination for parking one’s wealth.
Fiduciary trust, the underlying basis on which finance works, grants that money deposited in a bank is shielded from the vagaries of the market. The principal can be withdrawn, along with the interest accumulated over time. However, that could be about to change given the passing of the Financial Resolution and Deposit Insurance (FRDI) Bill, which is pending before a Standing Committee of Parliament.
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