Suryoday Small Finance Financial institution plans to stretch most FD tenor to over 20 years

Suryoday Small Finance Financial institution is planning to stretch the utmost tenor of a Mounted Deposit (FD) to over 20 years vis-a-vis the standard 10 years that banks at present prohibit themselves to. It’s exploring the feasibility of launching a 20-year plus FD, with a scientific withdrawal plan thrown in half manner into the tenor. … Read more