Home Bond NewsCapital Market AAA-rated corporate FDs may be a good bet before rates fall

AAA-rated corporate FDs may be a good bet before rates fall

by GoldenPi
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Investors looking for an alternative to bank deposits, especially after the rate cuts announced earlier this month, could end up locking their money into AAA-rated corporate fixed deposits, and their top choices could be companies such as Bajaj FinanceNSE 1.93 %, PNB Housing Finance and Shriram Transport Finance, which are yet to reduce their deposit rates, said distributors.

“Investors should first lock into those companies that enjoy a high rating and are yet to reduce rates. They should diversify their fixed deposit portfolio across a basket of AAA-rated companies,” said Anup Bhaiya, CEO, Money Honey Financial Services.

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