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Archive for the ‘Short Term Investments’ Category

Question: What are the Top 5 Banks you recommend ?

Hi there … I want to know what are the banks in terms of service(Reputation & Accessibility) and benefits(High interest rates,flexible plans… etc) offers the best combination for Fixed Deposits / Safe Short Term Investments & above all it should be capable of surviving the current financial crisis

Your answer may include both Nationalized as well as Private Banks. Pls leave your answers as Top 5 banks you recommend and the reason why ?

Also I would appreciate If you could leave your opinion about the following banks

State Bank of India
Citibank
HDFC
HSBC
ABN Amro
Union Bank of India &
Yes Bank

Thank you

Answer: Dude, I can give my feedback according to my experience but I am not sure which bank offers how much and what interest rates. For that you have to market survey by your own:

1. State Bank of India
2. HSBC
3. HDFC
4. Citi Bank
5. Standard Chartered
6. ICICI (All you heard, were all rumors, this bank is still rock solid, I am also human being and thats why its last in my list)

Thanks.

Short-term investments