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Fixed Deposit Rates

>> Friday, November 5, 2010

ICICI Bank is offering amazing FD rates.
1 year: 1.45%
2 year: 1.85%
3 year: 2.15%
Effective 22 Oct 2010.


AK71 November 5, 2010 at 11:15 AM  

Still not good enough to beat inflation rates. ;)

Being in cash is a bad idea in the current inflationary environment. ;p

Lau November 5, 2010 at 12:42 PM  

I agree with u ak.

There are some who can't sleep if invested in anything else. So at least it is important for them to look for the best fd rates.

As well as your own emergency cash on hand. :)

financialray November 6, 2010 at 10:56 AM  

Cannot hold cash....
Cannot buy property since all the goverments are hawkish and planning to implement property cooling measures if market too hot.....
Where else can money go?
Stock markets lah....then a new bubble again in late 2011-2012
so far never heard of cooling measures in stock markets

Anonymous November 30, 2010 at 10:20 PM  

the rates are pretty good. by the way, are FDs insured? and only up to SGD20,000? - D_M



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