Short Term Deposit Gain Popularity

Last five years have seen fluctuating interest rate movements and hense people have changed their pattern of investment. Short term deposits be it 90 days to 6 months, and 1-2 years period has seen increase in the rate of deposit. The 3-5 year period and 5 plus period has seen a erosion in the total deposits. People are cautious and want to decrease the interest risk of their portfolio. So thinking of investing, go for short term bank-fixed deposit.