Banks promoting FDs to lure customers
With numerous hoardings on the streets and commercials on air, clearly the banks are directing all guns to lure the customer to invest in Fixed Deposits. This is a complete U-turn by banks from projecting themselves as easy lenders to safe custodians of your wealth. Thanks to tanking market spirits, banks like the country's second-largest lender, ICICI Bank, had to go the extra mile to do damage control.
