With Inflation rising, RBI Governor recently hiked interest rates for Banks. This indeed pushed up the overall interest rate scenario of all companies. The clear winner in this situation is no doubt is YOU - THE INVESTOR. You get Guranteed High interest rate on Monthly / Quarterly / Half-yearly / Yearly Basis.
One such company where you can invest and sleep over it without any worry is HDFC Ltd, which hiked its interest rate to 9.75% per annum. And it makes senses even for the most aggressive investor to invest a portion of the portfolio in defensive investments like Fixed deposits, ofcourse with safety of capital. Hence each investor can consider to have a pie of their portfolio in HDFC Ltd Fixed Deposit.
A communication from the company is given below for better clarity.
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